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ASB 2006
OPEC Facts and figures
Explanatory NotesOPEC has embarked upon significant expansion plans to increase its capacity to ensure that the world economy benefits from regular and secure oil supplies.
In the medium term, over 100 projects, with an overall estimated cost of some $120 billion are being undertaken by OPEC Member Countries (excluding Iraq). These projects are in addition to all energy infrastructure projects, such as pipelines, export terminals and downstream expansion.
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