Oil output outside OPEC at risk of no growth in 2008

Oil supply from countries outside OPEC, source of three in every five barrels, is stalling this year and may even decline, keeping the heat under record-high oil prices.
The International Energy Agency (IEA) and the U.S. government have cut forecasts for supply growth in 2008, in part due to delays at new fields and declining output at existing ones.
“There is a risk of zero non-OPEC growth,” said Mike Wittner, oil analyst at Societe Generale, who forecasts non-OPEC supply will expand by 400,000 barrels per day (bpd) this year.
“As far as our forecast is concerned, there is definitely downside to our numbers.”

Guardian