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Petroleos de Venezuela SA, the state-owned oil company, said a 2002-2003 nationwide strike cost it $13.5-billion (U.S) in lost revenue, extra imports, and damages to installations. The strike cost the company $12.75-billion in lost sales, $504-million in gasoline imports, and $209-million in damages to company installations and equipment, Petroleos de Venezuela said in a statement accompanying a news conference by company president Rafael Ramirez. The strike started in December, 2002, and was aimed at forcing President Hugo Chavez from office. During the strike, which lasted two months, Venezuela's oil output was slashed to less than 50,000 barrels a day from pre-strike production of 3.2 million barrels a day.

Bloomberg