2002年-OPEC公报_OB052002_48页_900kb

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. The organization's primary aim is to coordinate and unify petroleum policies among its member countries to ensure fair and stable prices, efficient and regular supply to consumers, and fair returns to investors in the oil industry.

OPEC has 11 member countries, including the founding members and six additional full members: Qatar (1961), Indonesia (1962), Libya (1962), UAE (1967), Algeria (1969), and Nigeria (1971). Some members, such as Ecuador and Gabon, have joined and left the organization over the years.

The OPEC Secretariat is led by Dr Ali Rodriguez Araque, who has been the Secretary General since 2001. He was appointed as the President of PDVSA (Venezuela's state oil company) in 2002 following the failed coup in Venezuela, which highlighted the need for stability and unity in the country. The Secretary General's role requires diplomatic skills and a deep understanding of the international oil market, as the organization must balance the interests of 11 sovereign nations.

Key Information

• OPEC's objectives:

  • Coordinate and unify petroleum policies.
  • Secure fair and stable prices for producers.
  • Ensure an efficient, economic, and regular supply to consumers.
  • Provide fair returns to investors.

• OPEC's structure:

  • Secretary General: Dr Ali Rodriguez Araque
  • Research Division Director: Dr Adnan Shihab-Eldin
  • Energy Studies Department Head: Mohamed Hamel
  • Petroleum Market Analysis Department Head: Farouk U Muhammed, mni
  • Legal Officer: Dolores Dobarro
  • Administration & Human Resources Head: Senussi J Senussi

• Contact Information:

  • Address: Obere Dostrasse 93, 1020 Vienna, Austria
  • Telephone: +43 1 211 12/0
  • Fax: +43 1 216 4320
  • E-mail: prid@opec.org, opecna@opec.org
  • Website: http://www.opec.org
  • Hard copy subscription: $70 for 12 issues

• OPEC Bulletin:

  • Published by the Public Relations & Information Department.
  • Includes sections like Newsline, Forum, Commentary, and Member Country Focus.
  • The Editor-in-Chief is Farouk U Muhammed, mni.
  • The magazine does not represent the official views of OPEC or its members.
  • It welcomes technical, financial, and environmental contributions.

Main Points

• Stability and cooperation are key to OPEC's long-term success.
• The 117th Ministerial Conference in Vienna in March 2002 emphasized the importance of maintaining stability in oil prices.
• OPEC and non-OPEC producers collaborated to stabilize the market after the 2001 price drop.
• A price band system was introduced in 2000 to manage oil prices more effectively.
• OPEC's Reference Basket of seven crudes has a price range of $22-28 per barrel, which provides a reasonable and stable framework for the market.
• OPEC's credibility has improved, especially after the 1998 oil price crisis, which led to more coordinated market management.
• Investment in oil production is essential for future growth, and OPEC is working to align the interests of producers, investors, and consumers.
• Fiscal regimes need to be structured to ensure fair revenue sharing and investment incentives.
• OPEC does not use oil as a political tool and focuses on market stability and economic development.

Forthcoming Events

The document lists several international oil and energy conferences and training events scheduled in 2002, including:

• Fuel Cell 2002 in Lucerne, Switzerland (July 1-5)
• IIOGE 2002 in Bali, Indonesia (July 6-7)
• 12th Annual European Gas Conference in Amsterdam (July 3-4)
• 2nd Annual Kazakhstan Oil and Gas Conference in London (July 4-5)
• 1st World Wind Energy Conference in Stavanger, Norway (August 27-30)
• 9th India Oil Gas Review Symposium in Mumbai (September 9-10)
• Chinese Petroleum Gas Conference in Beijing (September 9-13)
• 17th World Petroleum Congress in Rio de Janeiro (September 1-5)
• Production Sharing Contracts Conference in Singapore (September 19-21)

Additional Notes

• The OPEC Fund for International Development hosted an art exhibition in Vienna in April 2002, showcasing the works of artists inspired by East-West dialogue.
• The OPEC Bulletin is indexed in PAIS International and is printed in Austria by Ueberreuter Print and Digimedia.
• The magazine includes advertising rates and order forms for subscriptions and single issues.
• The Editorial Policy states that the magazine is not responsible for the claims or contents of advertisements and that editorial material may be reproduced freely, provided credit is given to OPEC Bulletin.

Conclusion

OPEC continues to play a central role in the global oil market, striving for co-operation, stability, and fair pricing. The organization is adapting to new challenges, such as market volatility, political instability, and investment needs, while maintaining its commitment to fair revenue sharing and market transparency. With the support of both OPEC and non-OPEC producers, the organization is working to ensure a sustainable and stable future for the international oil industry.