European Parliament Library

Oil policies, oil myths, observations of an OPEC insider, by Fadhil J. Chalabi

"The Organisation of Petroleum Exporting Countries, commonly known as OPEC, has been a notoriously opaque and mysterious organization. In this book, Fadil J. Chalabi, an insider who spent many years at the heart of the organization as Iraq's permanent undersecretary for oil, invites us to discover the intrigue and arguments that have shaped OPEC policy since its inception in 1960. The author interweaves his analysis with first-hand experiences that give authenticity to momentous events, including the infamous 1975 Vienna hostage-taking when Carlos the Jackal kidnapped a number of OPEC ministers, including the author. From the time of Egypt under Nasser, Gaddafi's Libya, Saddam's Iraq and Khomeini's Iranian revolution, Chalabi uses his unique position and his unparallelled insider knowledge to illuminate an organization that has, at times, been accused of fomenting economic turmoil, political unrest and even military action. Benefiting from the perspective of an insider who understands the inner workings of OPEC and its dramatic impact on world politics and economics, this book is an essential read for those who wish to look beyond the myths of this highly influential and at times controversial organization."--Bloomsbury Publishing
Table Of Contents
Introduction -- Chapter 1: The path that led me to the world oil industry -- Chapter 2: Why OPEC? Confrontation or connivance? -- Chapter 3: New winds begin to blow -- Chapter 4: Iraq's oil politics - a precursor to the end of the oil concessions -- Chapter 5: The Shah and OPEC's oil price frenzy -- Chapter 6: Of some OPEC's 'paper powers' -- Chapter 7: OPEC terrorised by the Jackal: the Carlos Affair -- Chapter 8: The OAPEC intermezzo, and my exit from Saddam's regime -- Chapter 9: Iran's Ayatolla drives the oil market mad. (the period of the Iranian Revolution) -- Chapter 10: The backlash: OPEC is cornered -- Chapter 11: The short-lived price collapse -- Chapter 12: Problems with the quota-system. OPEC's disputed reserves fuel "peak-oil" theory -- Chapter 13: In the presence of OPEC heads of state. OPEC's thwarted attempts to seek quota-compliance -- Chapter 14: Dispelling myths about OPEC -- Chapter 15: Epilogue -- Chapter 16: Addendum. Post-Saddam Iraq -- Bibiliography, glossary, chronology
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (342 p.)
Specific Material Designation
Form Of Item

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