Exporting Countries and International Oil |
Common terms and phrases
areas centres of consumption concerned concession agreements concessionaire companies consistency of postings consuming countries crude produced demand for oil EC/64/I OPEC ORGANIZATION economy equity participation established practice excluding the Sino-Soviet exporting coun fact favourable Foreign capital moving GIVEN BY FRANCISCO Government group of questions IMPERIAL DEFENCE COLLEGE import duties income tax indirect taxes Indonesia industrialised countries interests international companies operating international majors international oil international trade Iraq Iraqi levels Libya and Venezuela Local Purchases major oil companies major producing countries matter Member Countries ment Middle East minor most-favoured-nation clause Offtake Programmes oil industry oil producing countries OPEC issues panies parity of taxation Petroleum Exporting Countries port is consistent posted prices produced fiscal consequences purely national company readjustment reduction refinery refining capacity royalty Saudi Arabia sense of participation STANFORD take into account tax payments Taxation on Oil terms of trade three-man negotiating committee throughout the world trade of oil trend underdeveloped countries