VOL. XXXIV

NO. 36

10-JUNE-1991

Oman

Oman's Oil Minister Supports OPEC's Production Freeze

The Omani Minister of Petroleum andMinerals, Mr. Sa'id ibn Ahmad al-Shanfari, stated in an interview on 5 Junefollowing the conclusion of the OPEC conference in Vienna that he believedthat OPEC's decision not to reduce production quotas was "a correctdecision." Mr. Shanfari went on to say that Oman - which is not a member ofOPEC - is not in favor of pushing oil prices higher, adding that "thereshould be a...