2005 - OPEC

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100 Calendar January 14 OPEC-United Nations Conference on Trade and Development (UNCTAD), Vienna, Austria January 29 52nd Meeting of the Ministerial Monitoring Sub-Committee (MMSC), Vienna, Austria January 30 134th (Extraordinary) Meeting of the Conference, Vienna, Austria Ministers and delegates at the 134th (Extraordinary) Meeting of the Conference in Vienna, Austria. February 21–23 115th Meeting of the Board of Governors (BoG), Vienna, Austria March 7–9 103rd Meeting of the Economic Commission Board (ECB), Vienna, Austria March 15 53rd Meeting of the MMSC, Isfahan, IR Iran March 16 135th Meeting of the Conference, Isfahan, IR Iran Sheikh Ahmad Fahad Al-Ahmad Al-Sabah, Minister of Energy, Kuwait and President of the Conference with Bijan Namdar Zangeneh, Minister of Petroleum, IR Iran at the 135th Meeting of the OPEC Conference in Isfahan, IR Iran.
March 30 6th Meeting of Deputy Ministers of Petroleum-Energy on Long-Term Strategy (DMLTS), Vienna, Austria March 31 116th (Extraordinary) Meeting of the BoG, Vienna, Austria April 4 Joint OPEC-IEA-UN Economic Commission for Europe (UNECE)-IEFS brain storming Session, Geneva, Switzerland April 13 Joint Oil Data Initiative (JODI) Review Committee Meeting, Vienna, Austria Participants at the 6th Multi-Disciplinary Training Course, Vienna, Austria. April 25–29 6th Multi-Disciplinary Training Course, Vienna, Austria May 2–3 1st Annual Meeting of the Officials of the Oil R&D Institutions in Member Countries, Doha, Qatar May 15 3rd OPEC-IEA Workshop, Kuwait City, Kuwait June 9 1st Meeting of the EU-OPEC Energy Dialogue, Brussels, Belgium 101
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Organization of the Petroleum Expor
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Foreword There are many words that
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As an industry we have to be inclus
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OPEC in the World Economy In 2005,
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significantly supported by savings
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The largest country in the region,
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$510.5 billion in revenues, compare
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Oil Market Developments OPEC produc
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Figure 1: Year-on-year percentage c
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Figure 3: OPEC 1 and non-OPEC 2 mar
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OECD OECD countries, which account
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Table 6 Summarised supply/demand ba
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Figure 4: Monthly movement of crude
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demand growth forecast for 2005 and
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closing at $57.82/b. The downward p
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Looking ahead, initiatives from OPE
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The freight rates of VLCCs on the M
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EU-OPEC Energy Dialogue In line wit
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million barrels a day for a period
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Russia-OPEC Energy Dialogue Russia,
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China-OPEC Energy Dialogue The birt
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OPEC Acting Secretary General expre
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Dr Edmund M Daukoru, Presidential A
Page 50 and 51: is fully met, and global crude oil
Page 52 and 53: particular the fourth quarter 2005,
Page 54 and 55: in the Middle East and North Africa
Page 56 and 57: increased activity in the oil futur
Page 58 and 59: & Energy and Head of its Delegation
Page 60 and 61: forward to hosting the next EU-OPEC
Page 62 and 63: OPEC President sends US Energy Secr
Page 64 and 65: what additional measures could be t
Page 66 and 67: implementing costly investment plan
Page 68 and 69: tion remaining committed to so enha
Page 70 and 71: panding the role of oil in meeting
Page 72 and 73: Brussels on 9 June, including the f
Page 74 and 75: The Conference considered the repor
Page 76 and 77: Al-Ahmed Al-Jaber Al-Sabah, Prime M
Page 78 and 79: Activities of the Secretariat Offic
Page 80 and 81: stocks at comfortable levels, and h
Page 82 and 83: oil in meeting future global energy
Page 84 and 85: In addition to the close monitoring
Page 86 and 87: through regular dissemination of el
Page 88 and 89: support from the RD, also updated a
Page 90 and 91: 2005 were stored in the OPEC archiv
Page 92 and 93: ALGERIA Dr Chakib Khelil Minister o
Page 94 and 95: Members of the Board of Governors M
Page 96 and 97: National Representatives to the ECB
Page 98 and 99: Diary of the President/Secretary Ge
Page 102 and 103: June 14 Meeting of the OPEC Legal D
Page 104 and 105: November 28- COP-11-Meeting of the
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2005 - OPEC

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