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Opening address to the 87th Meeting of the Conference
OPEC in the new era
OPEC and its current and future role in the world energy market
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27 million barrels achieved barrels a day barrels per day call on OPEC cent Centrally Planned Economies cerned co-operation consuming countries crisis crude oil decade decline demand for OPEC developing countries dollars a barrel downstream Dr Subroto Eastern Europe economic growth energy system ensure environment environmental expected future impact improve industrialized countries international oil market investment issue Kuwait Ladies and Gentlemen major market stability meet ment million bar nations natural gas liquids Newly Industrializing Countries nomic non-OPEC oil non-OPEC producers nuclear oil companies oil exports oil industry oil prices oil producers oil reserves oil revenues oil supply OPEC Countries OPEC Member Countries OPEC oil OPEC's Organization output petroleum pollution present pricing policy problems producers and consumers production capacity refineries region rise scenario sector security of supply Soviet Union sumers sustainable Third World tion tional oil world economy world energy world oil demand