News // Middle East and OPEC
Venezuela Welcomes Bolivia, Ecuador to OPEC
02 June 2006 , 09:27644
Venezuelan leader Hugo Chavez has lobbied members of OPEC to extend its membership.
Mr Chavez called for Ecuador, which has large crude oil reserves, to return to the group after 14 years of absence.
He also asked to consider Bolivia, which has brought its gas industry under state control.
OPEC is due to vote on Thursday whether to change oil production levels, but is expected to brush off Mr Chavez's plan to lower them.
18:03 08.12.2016Analyst says Russia cutting 300,000 barrels is a joke
12:23 13.09.2016OPEC revises Russian oil output estimate higher
09:39 07.06.2013Venezuela Secures $4B Funding from China
10:21 02.08.2012Venezuela's opposition wants to scrap preferential oil deals