VOL. XXXII

NO. 17

30-JANUARY-1989

OPEC/NON-OPEC

Soviet Economist Says USSR Should Stabilize Oil and Gas Output

The Soviet Union, the world's largest oil producer, should stabilize itsoutput of oil and gas to save money and resources and needs to lessen itsdependence on petroleum exports, according to a leading Kremlin economist. Mr.Leonid Abalkin, Director of the Moscow Economics Institute, said that Moscowfaced heavy costs to maintain current output, while export income wasunpredictable due to...