VOL. XXXV
NO. 2
14-OCTOBER-1991
OPEC/IEA
OPEC Needs $120bn Investment to Meet 1995 Crude Oil Demand, Says Subroto
OPEC Secretary-General Dr. Subroto said on 9 October that investments worth a"ballpark figure" of $120bn were needed to bring OPEC crude oilproduction up to expected 1995 demand. Speaking at the Second JakartaInternational Energy Conference, Dr. Subroto said the $120bn figure included theestimated costs of reconstructing Kuwaiti and Iraqi oil production facilitiesand the cost of...
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