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Top oil-producing countries fear that the UN climate change conference in Copenhagen next month could levy new taxes on the oil and gas industries, Algerian Energy Minister Chakib Khelil was quoted as saying on Sunday. Khelil told the Algerian APS news agency that the Organization of Petroleum Exporting Countries (OPEC), a 13-member cartel of oil-rich nations, are worried any new taxes agreed in the Danish capital could have "a negative impact on their economies." Khelil said OPEC, of which Algeria is a member, would work together to strike a common position ahead of the December conference "in order to protect their interests." Jose Maria Botelho de Vasconcelos, Angola's oil minister and current OPEC president, vowed last month that the world's major oil producers would resist any move that would punish their industries. "Oil producers must ensure that their interests are properly represented in the post-Kyoto agreement," he told an OPEC summit in Vienna. In Copenhagen, world leaders will try to seal a new accord to fight climate change after the Kyoto Protocol requirements expire in 2012. All rights reserved. © 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.
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