OPEC REPEATS NEED FOR OUTSIDE FUNDING
The Organization of Petroleum Exporting Countries has reiterated its need for massive financial help--and soon--to meet demand for member nations' oil later in the decade. The group predicts demand for OPEC oil will reach nearly 31.5 million b/d by 2000. It estimates outlays totaling $60 billion will be needed to achieve that volume. "The level of investment required for this lies well beyond the capabilities of our members," OPEC Sec. Gen. Subroto said.