Venezuelan Energy Minister discusses oil prices, shake-up in Pdvsa before OPEC meeting

09/27/1999
Venezuela is in the midst of a campaign to reform its domestic energy policies. Among the planned changes are an overhaul of the operations of state firm Petroleos de Venezuela SA and a bid to woo foreign investment into the natural gas and petrochemical sectors.At the same time, the country is waging a campaign to more actively participate in the Organization of Petroleum Exporting Countries. Venezuela's move to re-establish its place in OPEC began with the participation of President Hugo Chávez and Minister of Energy and Mines Alí Rodríguez Araque in a core group of leaders that forged the oil production cutback agreement between OPEC and key non-OPEC producing ...
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