2002年-OPEC公报_OB022002_48页_1mb

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. OPEC's main objective is to coordinate and unify petroleum policies among its member countries to ensure fair and stable prices for producers, an efficient and regular supply for consumers, and a fair return on investment for the industry.

Membership and Aims

• Founding Members: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela.
• Full Members: Qatar (1961), Indonesia (1962), Libya (1962), UAE (1967), Algeria (1969), Nigeria (1971).
• Ecuador and Gabon were members but left in 1992 and 1995 respectively.
• OPEC aims to:
  • Secure fair and stable prices for petroleum producers.
  • Ensure an efficient, economic, and regular supply of petroleum to consuming nations.
  • Provide a fair return on capital to investors in the industry.

Secretariat Officials

• Secretary General: Dr Ali Rodriguez Araque
• Research Division Director: Dr Adnan Shihab-Eldin
• Energy Studies Department Head: Dr Rezki Lounnas
• Petroleum Market Analysis Department Head: Not specified
• Data Services Department Head: Dr Muhammad A Al Tayyeb
• PR & Information Department Head: Farouk U Muhammed, mni
• Administration & Human Resources Department Head: Senussi J Senussi
• Legal Officer: Dolores Dobarro

Contact Information

• Address: Obere Dorstrasse 93, 1020 Vienna, Austria
• Telephone: +43 1 211 12/0
• Fax: +43 1 216 4320
• Emails:
  • Public Relations: prid@opec.org
  • OPEC News Agency: opecna@opec.org
• Website: http://www.opec.org

Publications and Subscriptions

• OPEC Bulletin: Published by the PR & Information Department.
• Subscription: $70 for 12 issues (hard copy).
• Advertising and Orders: Details provided for advertising representatives in various regions.

Upcoming Events (March - June 2002)

Event	Location	Date	Details
Gas Chain Training Course	Prague, Czech Republic	March 17-22, 2002	Contact: Kate Wright, Alpatania
Latin Gas 2002 Conference	Rio de Janeiro, Brazil	March 18-19, 2002	Contact: Global Pacific & Partners
Economics of the Oil Supply Chain	Cambridge, UK	March 18-22, 2002	Contact: Kate Wright, Alphatania
GIOGIE 2002 Exhibition & Conference	Tbilisi, Georgia	March 19-21, 2002	Contact: Dan Coberman, ITE Group PLC
Sanctioned Oil States 2002 Conference	Paris, France	May 21-22, 2002	Contact: Global Pacific & Partners
Gasex 2002 Conference	Brunei	May 27-30, 2002	Contact: RAI Group
Iran Petrochemical Forum	Tehran, IR Iran	May 18-19, 2002	Contact: IICIC Secretariat
Caspian Oil & Gas 2002	Baku, Azerbaijan	June 4-7, 2002	Contact: Spearhead Exhibitions
European Oil Refining Conference	Monte Carlo, Monaco	June 6-7, 2002	Contact: DRI WEFA

Commentary: A Realistic Alternative

• US President George W. Bush introduced an alternative to the Kyoto Protocol, emphasizing economic growth alongside environmental protection.
• The alternative aims to foster growth in developing nations, including the world's poorest, while promoting cleaner technologies.
• It recognizes that economic growth and environmental sustainability are not mutually exclusive.
• OPEC supports this approach as it allows developing countries to grow their economies, which is crucial for their development.

Forum: OPEC and the New-Old Realities of the International Oil Market

• Dr Ali Rodriguez Araque highlights the importance of OPEC's role in maintaining oil market stability.
• OPEC's efforts have a strong historical precedent, starting from the 1920s Texan oil boom and bust cycle.
• OPEC has historically used quotas to manage supply and stabilize prices, which has been critical in preventing market volatility.
• In 1998, low oil prices due to overproduction and weak demand led to a significant collapse in prices.
• OPEC and non-OPEC countries joined forces in 1999 to stabilize prices and prevent a similar crisis.

Market Stability and Price Band

• OPEC has identified $25/b as the equilibrium price, ensuring sufficient investment for supply security.
• OPEC's price band is $22-28/b, and the goal is to maintain prices within this range.
• OPEC's collaboration with non-OPEC countries is essential for effective market regulation.
• The US and EU have supported OPEC's efforts to stabilize prices, recognizing the need for a balanced and predictable market.

Key Topics for Discussion

• The 8th International Energy Forum will focus on fair agreements between producers and consumers.
• The aim is to achieve stability in energy markets, which in turn supports global economic stability.
• OPEC seeks to protect the legitimate rights of its member countries regarding oil production and pricing.

Editorial Policy

• OPEC Bulletin is published by the PR & Information Department.
• The content does not necessarily reflect the official views of OPEC or its member countries.
• Names and boundaries on maps are not authoritative.
• Advertisements are not endorsed by OPEC.
• Editorial material may be reproduced freely, provided OPEC Bulletin is credited.

Contributors

• The bulletin welcomes contributions on technical, financial, and environmental aspects of the energy industry.
• It accepts letters, research reports, and project descriptions with supporting illustrations and photographs.

Editorial Staff

Role	Name
Editor-in-Chief	Farouk U Muhammed, mni
Editor	Graham Patterson
Assistant Editor	Philippa Webb
Production	Diana Lavnick
Design	Elfi Plakolm
Circulation	Damir Ivankovic

OPEC News Agency

• Subscribers can stay updated on OPEC and its member countries through daily transmissions.
• Contact: OPEC News Agency, Vienna, Austria.
• Email: opecna@opec.org
• Website: http://www.opec.org

Conclusion

OPEC continues to play a vital role in maintaining global oil market stability. Its historical experience and current strategies emphasize the importance of cooperation between OPEC and non-OPEC countries. The organization's efforts are aimed at balancing economic growth and environmental sustainability, ensuring fair returns for producers and affordable supply for consumers. OPEC remains committed to its mission of coordinating petroleum policies and promoting a stable and secure energy market.