Bloomberg News

Venezuela to Reach 4 Million BPD Oil Output by 2014, Chavez Says

December 06, 2011

Dec. 6 (Bloomberg) -- Venezuela will raise its oil output to 4 million barrels a day by 2014, President Hugo Chavez said today.

He made the comments during a phone call broadcast on state television. Chavez said earlier today that South America’s biggest oil producer will reach an output capacity of 3.5 million barrels a day in 2012.

To contact the editor responsible for this story: Charlie Devereux at

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