Venezuela's oil minister Rafael Ramirez announced today that the Organization of the Petroleum Exporting Countries (OPEC) decided to maintain the current production level of 30 million barrel per day. In a press statement on the sidelines of 164th OPEC Meeting in Vienna, the Venezuela's minister added that the Conference decided to extend the tenure of Abdullah Salem El-Badri as Secretary General for a period of one year, with effect from 1 January 2014.