2002年-OPEC公报_OB032002_72页_2mb

OPEC Summary

Core Content

The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental organization established in 1960 in Baghdad by five founding members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. It now has 13 member countries, including Qatar, Indonesia, Algeria, Nigeria, and the United Arab Emirates. OPEC's primary objective is to coordinate and unify petroleum policies among its members to secure fair and stable prices for producers, ensure an efficient and regular supply to consumers, and provide a fair return on investment for the industry.

Main Points

• OPEC's Mission: To stabilize oil prices and ensure a balanced supply and demand.
• Membership: OPEC includes 13 countries, with additional members joining and leaving over the years.
• Secretariat Leadership: Key officials include the Secretary General, Dr Ali Rodriguez Araque, and several department heads responsible for research, energy studies, market analysis, data services, and public relations.
• OPEC's Role in Market Stability: OPEC and non-OPEC producers, such as Russia, have collaborated to stabilize oil prices, especially during periods of economic downturn and supply disruptions.
• Market Analysis: OPEC emphasizes the importance of focusing on fundamentals, such as supply and demand, rather than being swayed by short-term market fluctuations or speculative trading.
• Cooperation with Non-OPEC Nations: OPEC has worked with non-OPEC countries like Russia, Norway, Mexico, Oman, and Angola to manage global oil supply and prevent price collapses.
• Historical Context: OPEC was formed in response to the perceived exploitation of oil-rich developing nations by Western oil companies, known as the "Seven Sisters." The organization's creation marked a shift from colonial control to self-determination and economic sovereignty for its members.
• Energy Legislation Concerns: OPEC expresses concerns about excessive fuel taxation in Europe and the Energy Charter Treaty, which restricts the ability of oil-producing nations to impose conditions on foreign investment in their energy sectors.
• Future Outlook: OPEC remains optimistic about continued cooperation with Russia and other non-OPEC producers to maintain market stability and ensure sustainable development of oil resources.

Key Information

• Contact Information:

  • Address: Organization of the Petroleum Exporting Countries, Obere Dor strasse 93, 1020 Vienna, Austria
  • Telephone: +43 1 211 12/0
  • Fax: +43 1 216 4320
  • Email: prid@opec.org, opecna@opec.org
  • Website: http://www.opec.org

• Subscription: Hard copy subscription costs $70 for 12 issues.

• Upcoming Events:

  • Lisbon, Portugal (May 14-15, 2002): Lusophone oil & gas 2002
  • Paris, France (May 21-22, 2002): International conference on Sanctioned oil states 2002
  • Saudi Arabia (May 21-22, 2002): Eastern Province's Chamber of Commerce and Industry's 50th Anniversary Oil and Gas Conference
  • London, UK (May 23-24, 2002): Angola oil gas summit
  • Singapore and Doha, Qatar (May 23-24, 2002): International gas sales contracts seminar
  • London, UK (May 27-28, 2002): Iran Energy Forum
  • Helsinki, Finland (May 27-29, 2002): 9th annual Central European gas conference
  • Darussalam, Brunei (May 27-30, 2002): Gasex 2002
  • Houston, Texas (May 30-31, 2002): 6th annual Worldwide independents forum 2002
  • Montreux, Switzerland (June 3-5, 2002): Montreux Energy Roundtable XIII
  • Baku, Azerbaijan (June 4-7, 2002): Caspian oil gas 2002
  • Kuala Lumpur, Malaysia (June 9-11, 2002): Asia oil gas conference

• OPEC and Russia Talks:

  • OPEC and Russia are in discussions to extend production cuts into the second quarter of 2002 to maintain market stability.
  • Russia had previously agreed to cut oil exports by 150,000 barrels per day (b/d) starting January 1, 2002, but was reviewing the situation before deciding on further cuts.
  • OPEC officials, including the Secretary General, are urging Russia to continue this policy to prevent a price slump.

• Editorial Policy:

  • OPEC Bulletin is published by the Public Relations & Information Department.
  • It does not necessarily reflect the official views of OPEC or its members.
  • Advertisements are not endorsed by OPEC.
  • Reproduction of editorial material is allowed if credited to OPEC Bulletin.

• Contributors and Staff:

  • Editor-in-Chief: Farouk U Muhammad, mni
  • Editor: Graham Patterson
  • Assistant Editor: Philippa Webb
  • Production: Diana Lavnick
  • Design: Elfi Plakolm
  • Circulation: Damir Ivankovic

• Advertising and Subscriptions:

  • Advertisements can be placed through designated representatives in different regions.
  • Subscriptions are available through the OPEC Secretariat or via the provided order form.