OPEC Distances Itself From Report Raising Supply Concerns

LONDON -(Dow Jones)- The Organization of Petroleum Exporting Countries distanced itself Friday from a recent report raising questions about the group’s future supply capacity.

The report, which appeared in the December issue of the OPEC Review published by the organization’s Vienna-based Secretariat, indicated that OPEC could realistically fail to supply its share of global oil markets by 2037.


“We don’t muzzle the opinions of others,” OPEC’s head of public relations and information Omar Farouk Ibrahim said.

Be he said that the publication “doesn’t necessarily reflect the opinions of OPEC.”

“The OPEC Review is an academic and research journal and it’s an open forum on energy issues,” he said, adding that the platform was indicative of the group’s openness.

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