VOL. XXXI

NOS. 11/12

21/28-DECEMBER-1987

EGYPT

Kandil Urges OPEC Members to Uphold Vienna Accord

Egyptian Oil Minister Abd El-Hady Kandil has welcomed the accord reached atthe recent OPEC meeting in Vienna limiting output in the first half of 1988 to15.06mn b/d (excluding Iraq) and maintaining the $18/B price. He told reporterson 15 December that the accord was compatible with OPEC's responsibility forworld market stability, and that if "implemented to the letter" itwould help stabilize world oil...