Middle East Economic Survey

VOL. LII

No 40

5-Oct-2009

Naimi Plays Down Prospect Of OPEC December Production Cut

Saudi Arabia does not see a need for OPEC to change its policy when the group meets in Angola on 22 December, according to the Kingdoms Minister of Petroleum and Mineral Resources 'Ali Naimi. Speaking to PBS television at the inauguration of Saudi Arabias new King 'Abd Allah University of Science and Technology (KAUST) on 25 September, Mr Naimi reiterated Riyadhs belief that $75/B is a...