VOL. XLVI

No 27

07-July-2003

IRAN

PFCs Mohamedi Warns Of Squeeze On OPEC Capacity

Effective cooperation within OPEC has enabled the organization to stabilize crude oil prices, but PFC Energy Chief Economist Fareed Mohamedi has warned that the organization faces problems with growing non-OPEC production capacity and expansion programs among some of its membership. Speaking at the Irans Financial Future conference at Londons Royal Institute of International Affairs (RIIA) on 1 July, Mr Mohamedi said...