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Venezuela’s Oil Minister Won’t Attend OPEC Meeting in Vienna

Venezuela’s Oil Minister Rafael Ramirez won’t attend the OPEC meeting this week in Vienna, an official at the ministry said today, asking not to be identified in line with department policy.

Ramirez said yesterday he would send Bernard Mommer, the OPEC representative for Venezuela’s oil ministry, in his place so he could support President Hugo Chavez, who is undergoing cancer surgery in Cuba, Venezuela’s Noticias24 reported.

Venezuela didn’t believe it was necessary for OPEC to increase production quotas and that the market was “sufficiently” supplied, Noticias24 quoted Ramirez as saying. He said some countries had been violating quotas and called for “discipline and unity,” the news website reported.

Kuwait’s Oil Minister Hani Abdulaziz Hussein won’t attend the meeting this week either, an official in the oil ministry said yesterday.

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To contact the reporters on this story: Fred Pals in Amsterdam at fpals@bloomberg.net; Corina Pons in Caracas at crpons@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

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