VOL. XXXII

NO. 6

14-NOVEMBER-1988

OPEC

Nazer Repeats Saudi Willingness to Observe Quota

The Saudi Oil Minister, Mr. Hisham Nazer, has again affirmed that hiscountry will be the first to observe its production quota once discipline isrestored within OPEC, while reiterating that the Kingdom will never again playthe role of swing producer as it did in 1985-86. In a statement to the SaudiPress Agency on 5 November, Mr. Nazer described foreign press reports of Saudioverproduction as "curious" in view...