

<head> Tipster Topic Description


<num> Number: 089


<dom> Domain: International Economics 


<title> Topic: "Downstream" Investments by OPEC Member States


<desc> Description: 

Document must identify an existing or pending investment by an OPEC member
state in any "downstream" operation.


<smry> Summary:

Document must identify an existing or pending investment by an OPEC member
state in any "downstream" operation.


<narr> Narrative:

To be relevant, a document must identify an existing or pending investment by
an OPEC member state (or its national oil company) in any "downstream"
installation or enterprise.  The investment may be through a joint venture,
acquisition, construction, or stock purchase of any operation in the refining,
petrochemical, oil industry equipment manufacture, drilling and exploration,
shipping, marketing and retail sales, or other ancillary "downstream"
activity.


<con> Concept(s):

1.  OPEC, Organization of Petroleum Exporting Countries

2.  Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait,
    Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates (UAE), 
    Venezuela.

3.  Kuwait Petroleum Co., Kuwait Investment Co.

4.  Petroleos de Venezuela  


<fac> Factor(s):


<def> Definition(s):

1.  "Downstream:" any petroleum industry activity which occurs after initial
    production of crude oil, or which supports such production.