VOL. XXXV

NO. 15

13-JANUARY-1992

Supply/Demand

PIRA Study Projects Further 2mn b/d Drop in Soviet Oil Demand by 1995; OilExports Expected to Stay Flat

Oil demand in the former Soviet Union is projected to fall by a further 2mnb/d between 1990 and 1995 before bottoming out as the economy turns around,while net Soviet oil exports are expected to stay roughly flat - at around the1991 level of 2.2mn b/d - over the next few years to 1995, according to a recentstudy on future oil and energy demand in...