VOL. XL

No. 29

21-July-1997

OPEC

Non-Core OPEC Countries To Increase Oil Production Capacity By 3Mn B/D In 2000, SaysPIRA

Non-core OPEC countries' crude oil production capacity will increase by around 3mn b/dover the next four years, according to a study entitled The Challenge From Non-CoreOPEC published by the New York-based PIRA Energy Group. The non-Core countries(Algeria, Indonesia, Iran, Libya, Nigeria, Qatar, Venezuela and the Neutral Zone) are alsoexpected to raise their production of...