GAO CITES BARRIERS TO U.S.-SOVIET VENTURES

Washington and Moscow government policies are hindering U.S. oil companies from helping increase Soviet production, the General Accounting Office reports. A GAO study said Soviet oil production declined 8.8% from 12.5 million b/d in 1988 to about 11.4 million in 1990 and may decline to 9.1 million b/d by 1994. It said Soviet oil exports also have fallen 15% from 4.1 million b/d in 1988 to 3.5 million b/d in 1990. The congressional watchdog agency said Soviet oil production is dropping because

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