Opec and International Law - 9789077596890

The mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of these countries and ensure the stabilization of oil markets, in order to secure: an efficient, economic, and regular supply of petroleum to consumers; a steady income to producers; and a fair return on capital to those investing in the petroleum industry. This book brings together updated papers presented at a workshop organized by OPEC in October 2008, entitled OPEC and International Law: Issues, Prospects and Challenges. The workshop brought together a group of high-level experts, OPEC officials, and Member State representatives to discuss recent and emergent international legal issues and challenges facing OPEC and its Member Countries. As OPEC plays a pivotal role in finding ways and means of stablizing the volatile international oil market, this book will be of importance to anyone interested in OPEC and its Member Countries, especially against the backdrop of the OPEC's 50th anniversary in 2010.