VOL. XXXIX No. 32 5-May-1996

OPEC

Non-OPEC Production Set To Increase 860,000 B/D Annually Till 2005, Says Kleinwort Benson Total non-OPEC oil supply, including conventional and non-conventional crudes and natural gas liquids (NGLs), is projected to increase from 40.6mn b/d in 1995 to 46.7mn b/d by the year 2000 and then to 49.2mn b/d by the year 2005 (Table 1), or an average annual growth rate of 860,000 b/d (just under 2%) over the next 10 years, according to a recent study by Mr. Mehdi...