First published in 1983, this book provides a detailed look at the OPEC nations’ changing roles in the world oil market as they expanded their participation in "downstream" activities such as the hydrocarbon industries formerly controlled by the major oil companies. The authors begin with a detailed survey of world oil resources and an overview of the production capabilities and polices of major oil exporters. They then examine the contemporary refinery overcapacity crisis in the developed world, outline the refinery construction plans of the OPEC nations and the refinery scrapping problems in the industrialised world, and employ simulation tools to estimate the future output mix of refineries in key OPEC nations. A discussion of the comparative economics of refineries in the Gulf and in Europe in also included. Turning to the tanker industry, the authors project future oil export patterns and tanker demand in light of changing import/export need and OPEC’s participation in oil and refined products transport. Subsequent chapters describe OPEC’s ventures into petrochemical manufacturing and natural gas processing. The book concludes with a chapter on the future of OPEC, examining its changing power structure, the influence of non-OPEC oil production, possible future oil-pricing policies, and the opportunities and constraints that OPEC nations will meet as they expand their operations in the downstream oil industry. This book will be of interest to students of economics and Middle East and international politics.

This book gives information on the OPEC nations' changing roles in the world oil market as they expand to "downstream" activities. It provides an overview of the production capabilities and policies of major oil exporters and examines the refinery overcapacity crisis in the developed world.

First published in 1983, this book provides a detailed look at the OPEC nations� changing roles in the world oil market as they expanded their participation in "downstream" activities such as the hydrocarbon industries formerly controlled by the major oil companies. The authors begin with a detailed survey of world oil resources and an overview of the production capabilities and polices of major oil exporters. They then examine the contemporary refinery overcapacity crisis in the developed world, outline the refinery construction plans of the OPEC nations and the refinery scrapping problems in the industrialised world, and employ simulation tools to estimate the future output mix of refineries in key OPEC nations. A discussion of the comparative economics of refineries in the Gulf and in Europe in also included. Turning to the tanker industry, the authors project future oil export patterns and tanker demand in light of changing import/export need and OPEC�s participation in oil and refined products transport. Subsequent chapters describe OPEC�s ventures into petrochemical manufacturing and natural gas processing. The book concludes with a chapter on the future of OPEC, examining its changing power structure, the influence of non-OPEC oil production, possible future oil-pricing policies, and the opportunities and constraints that OPEC nations will meet as they expand their operations in the downstream oil industry. This book will be of interest to students of economics and Middle East and international politics.

First published in 1989, this title explores the nature and dimensions of the U.S. strategy in the Gulf in the formative years that followed the fall of the Shah, the Soviet invasion of Afghanistan and the outbreak of the Iran-Iraq war. It describes the formation of the U.S. Rapid Deployment Joint Task Force and the U.S. Central Command, their force structure and the network of U.S. bases and facilities in the region. The role of pro-Western countries in the wider region, in particular Pakistan, Egypt, Jordan, and Israel, in the formulation of strategy is discussed in detail, along with a more general assessment of the achievements and failures of U.S. strategy in the Gulf towards the end of the 1980s. In light of the persistent struggle for peace within the Middle East, this is a timely reissue, which will be of great interest to students researching U.S. military strategy over the past thirty years.

First published in 1983, this book a number of collects the essays about the effects of a sustained period of low oil prices. The opening chapter describes how oil prices have impinged on other elements of the economy and assesses the costs and benefits, in the short and long term, of low prices. The following three chapters deal with different groups of countries and indicate clearly that for none of them do lower oil prices have unequivocally positive or negative effects — a situation examined in the chapter on the international financial system. The last three chapters analyse the shifts lower prices are likely to produce in relations among the groups closely involved in the oil market.

First published in 1982, Inside the Middle East is a definitive study of the region. It provides a clear, concise description of the complex social, political and economic life of the Middle East. Beginning with an outline of the birth and growth of Islam in the Arabian Peninsula and the history of Israel and the Jews since 1020 B.C., the book is split in to five geographical and thematic parts. This thorough analysis in particular examines the forces at work within the Arab world, the domestic politics and economy of Israel and the state’s relationship with the West and the Soviet Bloc, and the relationship between the Arabs and the West since the Ottoman Empire. Dilip Hiro concludes with an overall analysis of the past in social, economic and political terms and considers the various possibilities for the future of the Middle East. Containing an unprecedented wealth of information and insight, this fascinating work presents a comprehensive understanding of the world’s richest and most volatile region. It remains of great relevance to scholars and students of Middle Eastern politics and history.

The Middle East is, and has always been, of major global economic and political importance. First published in 1981, this edited collection analyses many of the crucial issues that have had international repercussions during the second half of the twentieth century, with each paper considering the particular regional problems within the widest possible political framework. Internationally renowned authors consider such areas as the relationship between Israel and the Middle East, the influence of oil on global decision-making, Afghanistan and its neighbours, and the economic issues that the region has faced. A timely and relevant reissue, dealing with problems of continued importance, this volume will be of particular interest to students researching the history of the Middle Eastern conflict and the region’s variety of relationships with the West.