2005 - OPEC

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Organization of the Petroleum Exporting Countries Public Relations & Information Department Obere Donaustrasse 93 A-1020 Vienna, Austria Telephone: +43 1 211 12-0 Secretariat fax: +43 1 216 43 20 PR & Information Department fax: +43 1 214 98 27 E-mail: prid@opec.org www.opec.org Editor-in-Chief Dr Omar Farouk Ibrahim Senior Coordinator, Editorial Umar Gbobe Aminu Editor James Griffin Design Elfi Plakolm Production Andrea Birnbach Photographs (unless otherwise credited) Diana Golpashin © Copyright 2006 Organization of the Petroleum Exporting Countries ISSN 0474-6317 Printed in Austria by Ueberreuter Print and Digimedia
Contents Foreword <strong>OPEC</strong> in the World Economy Oil Market Developments Energy Dialogues <strong>OPEC</strong> Press Releases Activities of the Secretariat Heads of Delegation Members of the Board of Governors National Representatives Officials of the Secretariat Diary of the President/Secretary General Calendar 4 8 16 36 44 76 90 92 94 95 96 98
Page 6 and 7: Foreword There are many words that
Page 8 and 9: As an industry we have to be inclus
Page 10 and 11: OPEC in the World Economy In 2005,
Page 12 and 13: significantly supported by savings
Page 14 and 15: The largest country in the region,
Page 16 and 17: $510.5 billion in revenues, compare
Page 18 and 19: Oil Market Developments OPEC produc
Page 20 and 21: Figure 1: Year-on-year percentage c
Page 22 and 23: Figure 3: OPEC 1 and non-OPEC 2 mar
Page 24 and 25: OECD OECD countries, which account
Page 26 and 27: Table 6 Summarised supply/demand ba
Page 28 and 29: Figure 4: Monthly movement of crude
Page 30 and 31: demand growth forecast for 2005 and
Page 32 and 33: closing at $57.82/b. The downward p
Page 34 and 35: Looking ahead, initiatives from OPE
Page 36 and 37: The freight rates of VLCCs on the M
Page 38 and 39: EU-OPEC Energy Dialogue In line wit
Page 40 and 41: million barrels a day for a period
Page 42 and 43: Russia-OPEC Energy Dialogue Russia,
Page 44 and 45: China-OPEC Energy Dialogue The birt
Page 46 and 47: OPEC Acting Secretary General expre
Page 48 and 49: 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 100 and 101:
100 Calendar January 14 OPEC-United
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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