VOL. XXXIV

NO. 35

3-JUNE-1991

The Interdependence Of Producers And Consumers In The Oil Market

by H. E. Hisham M. Nazer

The following is the text of a speech delivered by Mr. Hisham Nazer, SaudiArabia's Minister of Petroleum and Mineral Resources and Acting Minister ofPlanning, at the conference on "Oil and Gas in the 1990s: Prospects forCooperation" in Isfahan, Iran, on 27 May.

I am honored to be invited to address this distinguished gathering today. Iwould like to share with you my thoughts on...