NO. 11



Otaiba Advocates Increase of OPEC Ceiling to 20mn b/d in mid-1989

The UAE Oil Minister, Dr. Mana Saeed al-Otaiba, has advocated that OPECshould increase its production ceiling at its next conference in mid-1989perhaps to as much as 20mn b/d, as compared to 18.5mn b/d in the first half ofthe year. "We as OPEC," he said in a recent interview with the Sharjahdaily al-Khalij, "must ensure that our production rises until it reachesthe minimum which will put OPEC...