VOL. XXXVII

NO. 44

1-AUGUST-1994

OAPEC

Study Presages Light Product Supply Shortfall For OAPEC

The installation of new conversion capacity and other planned refineryenhancements will not be sufficient to keep up with rapidly rising light productdemand within the eleven-member countries of the Organization of Arab PetroleumExporting Countries (OAPEC), with the result that the OAPEC's current gasolineand gasoil surplus will shift into deficit by the end of the decade or shortlythereafter,...