VENEZUELA BOOSTING EXPORTS OF LUBE BASE OILS

Venezuela is pressing exports of lubricant base oils in a campaign to capture a major share of the world market. Maraven SA, a unit of state owned Petroleos de Venezuela SA, plans to export 12,400 b/d of lube bases in 1991. That would make it the second biggest exporter of lube bases after Exxon Corp. Venezuela's lube base oil exports have grown sharply since last year, and Maraven expects them to remain at about 12,400-12,600 b/d in the near term, says Alejandro Paquin, Maraven

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