2005 - OPEC

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ALGERIA Dr Chakib Khelil Minister of Energy & Mines 2 Heads of Delegation INDONESIA Dr Purnomo Yusgiantoro Minister of Energy & Mineral Resources IR IRAN Seyed Kazem Vaziri Hamaneh Acting Minister of Petroleum (from August) Minister of Petroleum (from December) IRAQ Dr Ibrahim Bahr Alolom Minister of Oil (from May) KUWAIT Sheikh Ahmad Fahad Al-Ahmad Al-Sabah President of the Conference Secretary General Minister of Energy
SOCIALIST PEOPLE’S LIBYAN ARAB JAMAHIRIYA Dr Fathi Hamed Ben Shatwan Secretary of the People’s Committee of Energy NIGERIA Dr Edmund M Daukoru Presidential Adviser on Petroleum & Energy (from November 2003) Minister of State for Petroleum Resources (from July <strong>2005</strong>) QATAR Abdullah Bin Hamad Al-Attiyah Second Deputy Prime Minister and Minister of Energy & Industry SAUDI ARABIA Ali I Naimi Minister of Petroleum & Mineral Resources UNITED ARAB EMIRATES Mohamed Bin Dhaen Al-Hamli Minister of Energy VENEZUELA Rafael Ramírez Minister of Petroleum & Energy 3
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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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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 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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