CAPITAL LIMITATIONS, ENVIRONMENTAL MOVEMENTS MAY INTERFERE WITH EXPANSION PLANS

Ibrahim A.H. Ismail Organization of the Petroleum Exporting Countries (OPEC) Vienna, Austria Obtaining capital is a critical element in the production expansion plans of OPEC member countries. Another issue that may impact the plans is the environmental taxes that may, reduce the call on Opec oil by 5 million b/d in 2000 and about 16 million b/d in the year 2010. This concluding part of a two part series (Part 1, OGJ, May 2, p. 95) discusses the expansion possibilities of non Middle East OPEC

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