LagoVen chief says 1985 export goals reached. (Jack Tarbes Llanos, Petroleos de Venezuela subsidiary)

The Oil Daily | December 30, 1985 | Copyright

CARACAS (UPI)--LagoVen, a subsidiary of state-owned Petroleos de Venezuela, maintained its 1985 exports of crude oil and petroleum products in line with projections despite a weak market, President JAck Tarbes Llanos said.

LagoVen exported an average 525,000 barrels a day of crude and refined products, Tarbes Llanos said in his 1985 year-end report.

Oil demand declined in Japan and Europe but remained stable in the United States and increased slightly in some under-developed countries, the LagoVEn official said.

"It is only fair to stress that OPEC ...

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