Thursday, 30 May 2013

Iraq at the centre of internal Opec debates - FT.com

"As Opec ministers filter into Vienna for the twice-yearly meeting of the oil cartel, most are expecting a meeting of nuance rather than headlines. Barring a last-minute U-turn, Opec is set to keep its official production target unchanged at 30m barrels a day.

But the lack of headlines at Opec masks two internal debates which will shape the organisation for years. First, the response to rising oil production capacity within the cartel. Second, the election of the next secretary-general of the organisation. At the centre of both debates is one country: Iraq."

'via Blog this'

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