Middle East Economic Survey
VOL. XLVII
No 48
29-November-2004
SUPPLY/DEMAND
OPEC Oil Production Capacity Expansion To Be Slower Than Expected, Says DKWR
OPEC is likely to expand its oil production capacity at a slower rate than expected, according to a 15 November report issued by Mehdi Varzi of Dresdner Kleinwort Wasserstein Research (DKWR) entitled OPEC Capacity Entering Uncharted Territory. Three factors including the rate of depletion in mature fields, delays in project approvals and...
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