VOL. XXXII
NO. 39
3-JULY-1989
OPEC
Norway to Extend Production Curbs
The Norwegian Government has announced that it will continue to enforce the7.5% cut in its planned production growth for the second half of 1989 with aview to assisting OPEC's efforts to stabilize the market. A press release issuedby the Norwegian Oil Ministry on 23 June said that production in the second halfof 1989 will average 1.55mn b/d, or 7.5% below capacity, because Norway "issatisfied with OPEC's proposals for stabilizing...
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