Venezuela's Oil Industry and the Strike

February 9, 2003 THE COSTS www.nytimes.com

The strike has reduced Venezuela's oil capabilities.

Oil produced, total: 3.1 million barrels a day before the strike. 1.3 million now, say dissidents. The government says the figure is 1.9 million.

Oil exported: 2.7 million barrels a day before the strike, most to the U.S. 700,000 barrels now, according to Mines and Energy Ministry.

Work force: 33,000 full-time employees before the strike, and 37,000 contract workers, which fluctuated. Unclear how many now, but 9,000 of the full-time workers have been fired.

Gasoline produced for home market: 250,000 barrels a day before strike. 150,000 barrels now, the Mines and Energy Ministry says.

Gross oil revenues: 2002 (estimated) $22.2 billion. 2003 (forecast) $14.3 billion, according to UBS Warburg.