NO. 30

30 APRIL 1990


Norway May Lift Output Curbs in 2H 1990

Norway may lift its 5% curb on oil output in the second half of this year andallow companies operating its North Sea fields to produce at full capacity, OilMinister Eivind Reiten said on 26 April. Mr. Reiten told reporters that"it's quite likely that we will terminate the curb at the end of June but Iwill not state that definitely today."

Under the current restrictions, designed to support OPEC's price...