Organization:Organization of Petroleum Importing Countries

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The Organization of Petroleum Importing Countries was a cartel (or a proposal for a cartel) of countries that primarily consume petroleum, to counter the influence of OPEC, the Organization of Petroleum Exporting Countries.[1][2]

It was reported in the early 1980s that Costa Rica had led the establishment of a group of countries under this name.[3]

There were also calls in the early 21st century for an organization fulfilling such a role.[4] It was argued that it was in the interests of developing countries[5][6][7] and that it would also act to the benefit of developed countries.[8]

References

  1. Rosemary H. T. O'Kane "A Probabilistic Approach to the Causes of Coups d'Etat", British Journal of Political Science, Vol. 11, No. 3 (Jul., 1981), pp. 287-308 Jstor
  2. "Energy and the Balance of Payments", by Charles F. Stewart Proceedings of the Academy of Political Science" Vol. 31, No. 2, The National Energy Problem (Dec., 1973), pp. 137-147 JSTOR
  3. Paul Hallwood and Stuart Sinclair, "OPEC'S Developing Relationships with the Third World" International Affairs, Vol. 58, No. 2 (Spring, 1982), pp. 271-286 Jstor
  4. Fueling Asia’s growth: Collaboration in energy security by Deloitte's Global Energy & Resources Group and Deloitte’s China Practice [www.deloitte.com/dtt/cda/doc/content/E&R-eng_sec.pdf Deloitte Touche Tohmatsu report], 2007
  5. Deshpande, Prabhakar (21 September 2003). OPEC v/S Opic - a Case for Formation of Organisation of Petroleum Importing Countries. https://ssrn.com/abstract=439680. 
  6. Deshpande, Prabhakar (25 November 2008). Organisation of Petroleum Importing Countries. https://ssrn.com/abstract=1306919. 
  7. https://ssrn.com/abstract=1262716e
  8. Jayanta Sen, "Buyers' Cartel for Oil? Feasible and a Free Lunch Worth $5 Trillion to $50 Trillion for the US!" SSRN Working Papers Series