Middle East Economic Survey

VOL. XLVIII

No 51

19-December-2005

REGIONAL

OAPEC Approves $5.8Mn Budget For 2006

The OAPEC Council of Ministers held its 75th meeting on 13 December in Kuwait, chaired by Iraqi Oil Minister Ibrahim Bahr al-'Ulum, and approved a 2006 budget of KD1,693,100 ($5.798mn) for the OAPEC Secretariat and Judicial Tribunal. The Council also reviewed the memoranda on progress related to the OAPEC Data Bank, monitoring of the environment and the participation and organization of...