OPEC and the International Oil Industry
A changing structure
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33 431 Ft
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Product details:
- Publisher Springer Verlag
- Date of Publication 28 February 1981
- Number of Volumes 1 pieces, Book
- ISBN 9780000000347
- Binding Hardback
- No. of pages165 pages
- Size 1x1 mm
- Weight 500 g
- Language English 0
Categories
Long description:
The origin of this significant and timely book was a lecture on the structural changes in the international oll industry prepared by Dr. AI-Chalabi for the OAPEC annual course on the Fundamentals o[ Oil and Gas. It was given in Arabic in February 1978 when the author was Assistant Secretary General of OAPEC. The author has succeeded in ex panding and updating the basic aspects of the subject. He has managed, in this relatively short book, to survey and analyse the main structural changes in the inter national oll industry during the last 35 years, with special emphasis on the revolutionary changes of the 1970s. The book clearly demonstrates the significance of these changes in terms of their impact on the power of control and decisions concerning the ownership of oil resources, their marketing outlets and price policy. It explains how the concession system and the various consortia arrangements among the transnational oil companies gave them max imum freedom and flexibility in the control and manage ment of emde oil production and pricing. Their vertical and horizontal integration enabled them to control and manage upstream and downstream operations on a global basis and with the effectiveness of a powerful international Cartel.
The origin of this significant and timely book was a lecture on the structural changes in the international oll industry prepared by Dr. AI-Chalabi for the OAPEC annual course on the Fundamentals o[ Oil and Gas. It was given in Arabic in February 1978 when the author was Assistant Secretary General of OAPEC. The author has succeeded in ex panding and updating the basic aspects of the subject. He has managed, in this relatively short book, to survey and analyse the main structural changes in the inter national oll industry during the last 35 years, with special emphasis on the revolutionary changes of the 1970s. The book clearly demonstrates the significance of these changes in terms of their impact on the power of control and decisions concerning the ownership of oil resources, their marketing outlets and price policy. It explains how the concession system and the various consortia arrangements among the transnational oil companies gave them max imum freedom and flexibility in the control and manage ment of emde oil production and pricing. Their vertical and horizontal integration enabled them to control and manage upstream and downstream operations on a global basis and with the effectiveness of a powerful international Cartel.
Table of Contents:
I The system for crude oil extraction: the fundamental structural changes in the ownership and management of the ?upstream' phase of the oil industry in the producing countries.- II The system for marketing crude oil: the fundamental structural transformations in world markets of crude oil.- III The system for pricing crude oil exported from the oil producing countries: the changing power relationships in pricing raw materials.- IV Some basic issues of the OPEC oil price administration.- Epilogue Energy and Development: interdependence among nations.
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