Titlebook: OPEC; Instrument of Change Ian Seymour Book 1980 OPEC 1980 economics.industrial organization

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OPEC Aid Programmeses being developing countries. OPEC aid programmes, which are not new, have since 1973 undergone dramatic expansion, not only in terms of volume, but also as regards the number of recipients and forms of channels of aid. The story of that growth is outlined in this chapter.

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Some Problems of Control 1974, one question loomed very large: what sort of a profit margin should be left for the concessionaire companies which still retained equity holdings in the OPEC producing countries? This was a problem which it took the whole of the year 1974 to solve.

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The Iranian Crisis and the Second Oil Price ExplosionKhomeini, Iranian crude exports were resumed at the beginning of March 1979; production built up to a rhythm of around 4 million b/d, falling towards 3 million b/d in the last quarter of the year to make an overall 1979 average of 3.1 million b/d.

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Control of Productional observance of what is known as “first-class oilfield practice” and in certain cases to stipulated minimum levels of production, the companies concerned were free to produce and export as much, or as little, as they wanted or were able to sell.

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Markenartikel und Wettbewerbsordnunggewisses intellektuelles Niveau und moralische Reife der der Deklarationspflicht unterliegenden Zensiten), so ist auch das Absatzsystem Markenartikel nur in der entwickelten, hochdifferenzierten Industriewirtschaft denkbar.