World oil production to rise by 16 million b/d by 2010

World oil production capacity could jump by more than 16 million b/d to 101.5 million b/d by 2010, with the addition split "fairly evenly" between members of the Organization of Petroleum Exporting Countries and non-OPEC producers, said an executive of Cambridge Energy Research Associates, a subsidiary of IHS Inc.In a Feb. 15 briefing at the weeklong CERA executive conference in Houston, Peter Jackson, director of oil industry activity, said 7.6 million b/d of the projected increased total liquids production capacity would be from non-OPEC producers, with OPEC supplying 8.9 million b/d. World production of crude liquids is not expected to peak before 2020, he said."That is potentially wha...

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