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Further oil talks likely

NZPA-Reuter Vienna Fresh talks among O.P.E.C. oil Ministers are likely to be held in Venezuela next week, the Venezuelan Oil Minister, Dr Humberto Calderon Berti, has said. The O.P.E.C. news agency, in a report from Caracas, said that Dr Berti said that a number of Ministers from O.P.E.C. countries would ar-

rive in Venezuela on February 9. They would attend the inauguration of new refinery installations at Amuay. We hope to have new consultations regarding the current oil situation and the international reaction after the Geneva (0.P.E.C.) meeting." Dr Calderon Berti said. He said that the O.P.E.C. secretary-general, Dr Marc Nguema, would visit Vene-

zuela this week to deliver a conference paper on the present energy crisis, the agency said. O.P’E.C. oil Ministers failed to agree on how to share out the glutted oil market at a meeting in Geneva last week, and industry analysts say that a cut in prices from O.P.E.C.'s official $34 a barrel reference price looks inevitable.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19830203.2.80

Bibliographic details

Press, 3 February 1983, Page 10

Word Count
165

Further oil talks likely Press, 3 February 1983, Page 10

Further oil talks likely Press, 3 February 1983, Page 10

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