Venezuela Energy Minister Rafael Ramirez reiterated Wednesday that the country's 2011 budget will set expected oil production at 3.011 million barrels. Oil accounts for more than one-third of Venezuela's gross domestic product, more than half of government revenue and about nine-tenths of the country's exports.
Venezuela Energy Minister Rafael Ramirez reiterated Wednesday that the
country's 2011 budget will set expected oil production at 3.011 million
barrels. Oil accounts for more than one-third of
Venezuela
's
gross domestic product, more than half of government revenue and about
nine-tenths of the country's exports.
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