VOL. XXXII

NO. 49

11-SEPTEMBER-1989

OIL TOMORROW: SUPPLY CONDITIONS IN THE 1990s

by Alirio A. Parra

(The following is the text of a paper presented by Dr. Alirio Parra at theOxford Energy Seminar on 5 September. It was originally delivered in a somewhatdifferent form as the presidential address at the IAEE International Conference in Caracas in June 1989. Dr. Parra is a boardmember of Petroleos deVenezuela and Managing Director of its London subsidiary.)

The events of the recent past serve to...