VOL. XXII

NO. 10

12-DECEMBER-1988

IRAQ FOLLOWS POLICY OF REVENUE MAXIMIZATION

Iraq is followinga policy of revenue maximization with regard to oil sales and will therefore besatisfied to maintain observance of its OPEC quota, despite sharply increasingproduction and export capacity, do long as its price expectations are fulfilled,according to the Iraqi Oil Minister, Mr. 'Isam al-Chalabi.

However, Mr. Chalabi- who was answering questions after his address to the Financial Times oilconference in...