VOL. XXXIII

NO. 51

24-SEPTEMBER-1990

OPEC

Venezuelan Production Capacity Put at 2.75mn b/d

Venezuela's crude oil production capacity at end-1989 reached 2.753 mn b/d,according to the Petroleos de Venezuela 1989 Annual Report. This represented anincrease of 83,000 b/d over the level available at the beginning of the year.Average production of liquid hydrocarbons during the year was 2.015mn b/d, asfollows: light crude oil (over 30 API) 678,000 b/d; medium crude oil(22-30API) 774,000 b/d; heavy and...