CARACAS, Wednesday September 11, 2013 | Update

OPEC: Venezuela's oil output drops 2.42%

Production in August stood at 2.77 million barrels per day

In August, Venezuela made up 8.63% of OPEC total output (File photo)
Wednesday September 11, 2013  01:15 PM
Venezuela's decreasing oil production continued in August according to information disclosed by the Organization of Petroleum Exporting Countries (OPEC) and furnished by Venezuelan authorities.

In its monthly report, OPEC states Venezuelan oil output in August averaged 2.77 million barrels per day, descending 2.42% with respect to a year earlier when output hit 2.84 million barrels.

Compared to July this year, oil output increased 0.69% to 19,000 barrels per day.

In August 2013, Venezuela made up 8.63% of OPEC total output, a slight fall as against August 2012.

Translated by Jhean Cabrera
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María Fernanda Astudillo is a store analyst for Alimentos Polar working at the company's facilities in La Yaguara. At only 23 years of age, she has made a career in that company where she has worked for the last six years. Now, besides her responsibilities, which include overseeing shipping/receiving and warehousing of goods, she is taking part in the roundtable discussions among the other companies operating in the La Yaguara industrial park, the Government and the workers exploring possible ways of coping with the order to expropriate the land.

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