2002年-OPEC公报_OB012002_48页_1mb

OPEC Document Summary

Core Content

This document provides an overview of the Organization of the Petroleum Exporting Countries (OPEC), including its structure, membership, contact information, upcoming events, and key analyses on the energy market. It also features commentary and articles on the role of OPEC in promoting stability and cooperation in the global energy sector, particularly in the context of the Enron collapse and the outlook for international crude oil demand and supply.

Main Points

• OPEC Overview:

  • Established in 1960 in Baghdad by five founding members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela.
  • Aims to coordinate and unify petroleum policies among member countries to secure fair and stable prices, ensure an efficient supply, and provide fair returns to investors.
  • Membership includes the five founding members and six full members: Qatar (1961), Indonesia (1962), Libya (1962), UAE (1967), Algeria (1969), and Nigeria (1971). Ecuador and Gabon have joined and left OPEC in the past.
  • The organization is based in Vienna, Austria, with contact details provided.

• Key Personnel:

  • Secretary General: Dr Ali Rodríguez Araque
  • Other department heads include Dr Adnan Shihab-Eldin (Research Division), Dr Rezki Lounnas (Energy Studies Department), Javad Yarjani (Petroleum Market Analysis Department), Dr Muhammad A Al Tayyeb (Data Services Department), Farouk U Muhammed (PR & Information Department), Senussi J Senussi (Administration & Human Resources), and Karin Chacin (Legal Officer).

• Upcoming Events:

  • A list of forthcoming conferences and training courses in various locations, including Dubai, Houston, Prague, Rio de Janeiro, London, Moscow, and others, with contact details for each event.

• Commentary: "La Grande Illusion"

  • The Enron collapse did not significantly disrupt international energy markets, indicating the resilience and stability of the market.
  • OPEC's role in maintaining market stability is highlighted, drawing a parallel to its actions during the Gulf crisis.
  • The document suggests that while no market is perfect, cooperation between producers and consumers is crucial for long-term stability.

• Outlook for Crude Oil Demand and Supply:

  • OPEC Secretary General emphasizes the importance of consensus and cooperation in the oil industry.
  • The oil market has seen progress in co-operation and pricing, with the introduction of the price band mechanism in 2000.
  • Despite the impact of the September 11 attacks, OPEC believes that the market will eventually return to a more stable state.
  • Projections indicate that oil will remain a major energy source, with a slight decline in its share of global energy demand from 41.0% in 2000 to 38.8% in 2020, while gas will increase from 22.7% to 29.1%.
  • OPEC is expected to maintain a market share of about 50% by 2020.

• Key Trends and Challenges:

  • The document discusses the need for equitable sharing of oil revenues and proper alignment of interests among natural resource owners, investors, and consumers.
  • It highlights the importance of foreign investment in the upstream sector and the need for developing nations to maintain expertise in managing such investments.
  • The role of OPEC in promoting economic integration and regional cooperation is emphasized.

Key Information

• Contact Details:

  • OPEC headquarters: Obere Dorstrasse 93, 1020 Vienna, Austria
  • E-mail: prid@opec.org, opecna@opec.org
  • Website: http://www.opec.org
  • Hard copy subscription: $70 for 12 issues

• Publications:

  • The OPEC Bulletin is published by the PR & Information Department.
  • It is available for subscription or single orders, with details provided on the order form.

• Editorial Policy:

  • The content does not necessarily reflect the official views of OPEC.
  • Advertisements are not endorsed by OPEC.
  • Editorial material can be freely reproduced with credit to OPEC Bulletin.

• Contributors and Staff:

  • The editorial team includes Farouk U Muhammed (Editor-in-Chief), Graham Patterson (Editor), Philippa Webb (Assistant Editor), Diana Lavnick (Production), Elfi Plakolm (Design), and Damir Ivankovic (Circulation).

• Advertising:

  • Advertisements can be placed through regional representatives, including North America, Europe, Middle East, and Southern Africa.

Conclusion

OPEC remains a central player in the global energy market, focusing on stability, cooperation, and fair returns. The document underscores the importance of maintaining a balance between production and income, and the need for continued dialogue and collaboration among all stakeholders to ensure a resilient and prosperous energy industry.