Middle East Economic Survey
VOL. XLVIII
No 39
26-September-2005
OPEC Adopts Comprehensive Long-Term Strategy
OPEC announced on 20 September that ministers had agreed to adopt the Long-Term Strategy document that has been in preparation for the last two and half years. The strategy sets objectives in relation to the long-term petroleum revenues of Member Countries, fair and stable prices, the role of oil in meeting future energy demand, the stability of the world oil market, and the security of...
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