VOL. XXXVII

NO. 18

31-JANUARY-1994

OPEC

CGES Predicts Continued Non-Opec Production Gains At OPEC's Expense

Unless OPEC moves quickly to develop its own massive oil reserves, theOrganization will be forced to hand over more and more market share to non-OPECproducers in the years ahead, cautions the London-based Center for Global EnergyStudies in its latest (Nov-Dec) Global Oil Report. While acknowledging thatprivate sector participation in upstream development may seem politicallyunpalatable to...