VOL. XXXII
NO. 4
30-OCTOBER-1989
Iran
Aghazadeh Says Strong Oil Demand Will Obviate Need for OPEC Quotas withinTwo Years
The Iranian Oil Minister, Mr. Gholamreza Aghazadeh, has predicted that stronggrowth in world oil demand over the next two years will enable OPEC to abandonits production quota system. Speaking to foreign reporters in Tehran on 25October, Mr. Aghazadeh said: "We anticipate this demand to reach such alevel that the OPEC quota system will be abandoned altogether... and as aresult...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!