VOL. XLIII
No. 46
13-November-2000
OPEC
Lukman Tells Conference How OPEC Would Arrange Production Cutbacks If Demand Falls
OPECs spare production capacity amounts to 2-2.5mn b/d, which should be enough to cover any crude oil shortages in the near term, according to Dr Rilwanu Lukman, the OPEC Secretary-General. Dr Lukman told reporters attending the Middle East/Caspian oil conference in Tehran on 4 November (for conference report, see page A5) that OPEC anticipates that annual global economic...
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