VOL. XXXII

NO. 46

21-AUGUST-1989

IRAQ

Iraqi Oil Official Sees Demand for OPEC Crude Rising to Comfort Zone of22-23mn b/d by 1992

A senior OPEC economist - Mr. Sabri Kadhim of Iraq's State Oil MarketingOrganization (SOMO) - is of the opinion that, given the maintenance of a prudentpricing policy, OPEC will see demand for its crude oil supply reach the"comfortable level" of 22-23mn b/d by 1992.

Speaking at the recent conference of the International Association ofEnergy Economics (IAEE) in Caracas, he...