VOL. XLV
No 15
15-April-2002
OPEC
OPECNeeds Fair Oil Price For Capacity Expansion, SaysRodriguez
OPECmembers need a fair and stable crude oil price to secure adequate income forinvestment in capacity expansion, according to the organizationsSecretary-General, Ali Rodriguez, in a keynote speech to the 10th AnnualMiddle East Petroleum & Gas Conference in Doha on 8 April. Our latest projections see world oil demandrising from around 76mn b/d in 2000 to 106mn b/d in 2020, he said. While therewas...
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