VOL. XXXII

NO. 50

18-SEPTEMBER-1989

OPEC

Ginandjar Opposes Rise in OPEC Ceiling during 4Q

Indonesia is opposed to any increase in the OPEC production ceiling duringthe fourth quarter so long as average OPEC crude oil prices remain below $18/Band there is a lack of discipline on the part of some OPEC member states. Thiswas made clear by Mr. Ginandjar Kartasasmita, the Indonesian Mines and EnergyMinister, in a speech at the Asia-Pacific Petroleum Conference held in Singaporelast week. Mr. Ginandjar...