October
14, 2004
Official calculations say Venezuela is
producing 11% more oil that in 2002
(El Nacional) - "(…)
The numbers presented by the Banco Central
de Venezuela (Venezuelan Central Bank),
reveal that the oil situation has been
completely normal since the beginning
of this year.
The numbers circulated
by BCV indicate that oil activity during
the first quarter of 2004 was not less
than it was during the same period in
2002, but on the contrary, 1,8% superior
(...)
More so, the statistics
provided by BCV show the effect of the
oil strike was not the same as calculated
from the beginning. By the end of 2003,
oiling activity was only reduced by
2,07% compared to 2002, and did not
drop 10,71% during the year as previously
announced. In any case, the drop has
been surmounted (…)".
