VOL. XXXI

NO. 18

8-FEBRUARY-1988

OPEC AND OIL PRICES

Kuwaiti Oil Minister Calls on Consumers to Relax Siege Mentality

Speakingto an oil conference in New York on 2 February, the Kuwaiti Oil Minister, Shaikh'Ali Khalifah al-Sabah, has called on consumer countries to relax what hedescribed as their "siege mentality' towards decisions affecting theirenergy policy, arguing that as no shortage is likely to develop in the remainingpart of the century, it is unnecessary, costly, and inefficient to base...