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Sunday, 15 October, 2000, 15:12 GMT
Army general heads Venezuelan oil company

The president of Venezuela, Hugo Chavez, has named an army general as the new head of the state oil company, Petroleos de Venezuela.

Mr Chavez said General Guaicaipuro Lameda would carry out a thorough restructuring of the company, which is the world's third biggest oil exporter.

General Lameda will be the third person appointed by Mr Chavez during his twenty-month-old administration to head the company, which he's promised to rid of corruption.

On Saturday, the main trade union in the Venezuelan oil industry called off a strike after reaching an agreement with the government on higher pay.

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