VOL. XXII

NO. 10

12-DECEMBER-1988

OPEC LIKELY TO REACH COMFORT ZONE FOR OIL PRODUCTION WITHIN 2-3 YEARS,SAYS 'ALI KHALIFAH

At present demand growth rates for oil and given some cooperation fromnon-OPEC producers, the call on OPEC crude output should reach the 22-23mn b/drange in two or three years' time, according to the Kuwaiti Oil Minister, Shaikh'Ali Khalifah al-Sabah. In the course of a dinner speech in London on 5 December(for text see pages Dl-3), Shaikh 'Ali noted that this would...