VOL. XXXII 

NO. 30 

1-MAY-1989

IRAQ

ADNOC Chief Warns of Volatile Prices in the Mid-Term 

According to the General Manager of the Abu Dhabi National Oil Company (ADNOC), Mr. Suhail al-Mazrouei, oil prices will remain unstable for several years but will not collapse as they did in 1986. In a report published last week marking the 17th anniversary of the foundation of ADNOC, Mr. Mazrouei, who is also Secretary General of Abu Dhabi's Supreme Petroleum Council (SPC), said...