NO. 4


OPEC & Supply/Demand

Norway Expects 2.3mn B/D from North Sea by 1995

Norway's North Sea oil production is expected to peak at 2.3mn b/d in 1995,according to the country's Ministry of Oil. Ministry spokesman Egil Helle saidon 22 October that the increase would come from new fields and greater outputfrom existing ones. He added that "deviations" could push productionas high as 2.5mn b/d, while that estimate could change if Norway found more oilon its continental...