NO. 39

28 JUNE 1993


Environmental Taxes May Spur Oil Producers To Plan Capacities, SaysSubroto

OPEC Secretary General Dr. Subroto has said that OPEC member countries mayconsider planning their production capacities if oil consuming nations imposenew environmental taxes on oil. Speaking at `Enerlac 93', a Latin American andCaribbean energy conference held recently in Bogota, Columbia,Dr. Subroto saidon 17 June thatplanned capacity would mean that "continuation, expansion,slowdown or...