VOL. XLIII

No. 43

23-OCTOBER-2000

OPEC

US Energy Department Estimates OPEC Spare Production Capacity At 2Mn B/D

The OPEC production quotas effective from 1 October, based on a 10 September agreement for the 10 OPEC members other than Iraq to increase production by a total 800,000 b/d, will bring many OPEC states to the limit of their production capacities, according to the US Department of Energy(DoE).

In an OPEC Fact Sheet published 6 October, the DoEs Energy Information Administration (EIA) says...