VOL. XXXIII

NO. 10

11-December-1989

Egypt

Kandil Disapproves of OPEC Decision to Raise Production Ceiling

In an interview with the London-based, Arabic-language daily al-Hayat of 6December, Egyptian Oil Minister Abd El-Hady Kandil said that he favored thecontinuation of a dialogue with OPEC although he disapproved of OPEC's decision to raise its output ceiling (to 22mn b/d). "We are all in the sameboat and it is imperative to have policies which bring together all theproducing countries," he said....