VOL. XXXVI

NO. 17

25-JANUARY-1993

OPEC

CIS Developments Will Have Crucial Determining Effect on Future Demand forOPEC Oil

The crucial extent to which future demand for OPEC oil will depend on oilindustry developments in the CIS (ex-Soviet) states is heavily underlined in apaper presented by Mr. Lucian Pugliaresi (President of LPI Consulting Inc.) atthe recent Middle East Petroleum and Gas Conference in Dubai. Mr. Pugliaresiargues that the volatile situation in the CIS, especially Russia, could...