NO. 16


Saudi Arabia

Saudi Arabia Reaffirms Adherence to OPEC Decisions

Saudi Arabia has once again issued a statement reaffirming its adherence toOPEC decisions in matters relating to oil production. The following statement inthis regard was issued by the Saudi Press Agency (SPA) on 18 January quotingan authorized source:

"Some news agencies have during the past two days carried informationfrom a petroleum consultancy in London stating that the production capacity ofthe...