VOL. XLIV
No 31
30-July-2001
OPEC
IEA Predicts400,000 B/D OPEC Production Capacity Increase In 2002
The International Energy Agency (IEA) predicts thatOPEC production capacity will reach 32.2mn b/d in 2002, a rise of 400,000 b/dfrom its current level. In its latest Monthly Oil Market Report, publishedon 13 July, the IEA says: While some countries are still reluctant to opentheir upstream sectors, next years OPEC capacity expansion will come mainlyfrom those countries that have successfully...
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