VOL. XXXII
NO. 33
22-MAY-1989
OPEC/NON-OPEC
Norway Plans for 34% Increase in Oil Production for 1989
In an upward revision of its 1989 oil production projections, Norway is nowplanning on an output of 72.5mn tons or 1.47mn b/d this year, an increase ofaround 34% over the 1988 figure of 1.1mn b/d. These figures were released in theLabor Government's revised national budget presented on 12 May. The oil outputforecast for 1989 in the government's original budget, published last December,was around...
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