Robert Bottome, the editor of respected Veneconomia, doesn't lend much credence to the numbers.
published the numbers in itself is a miracle as they are notoriously unforthcoming.
But I get the impression that they're not accurate," he
points out that the International Energy Agency
and OPEC believe that Venezuela is producing close to 2.5 million barrels per day, substantially less than the published figures.
adds that the more you look at the accounts, the more discrepancies you find.
Investments have nearly doubled in one year from $3.4 billion to close to $6.5 billion.
A section labeled "other outgoings" nearly tripled over the first half of 2007 from $800 million to $2.36 billion.
There are signs are that they are acting like a company that is having a cash crisis, Bottome
Both US firms were hit by labour unrest in the country in August, points out Bottome
, who says the government tends to foment labour issues at target firms so that it can use worker complaints as an excuse for a take-over.