NO. 22



Yamani Warns of Future Oil Supply Crisis and Urges Consumers to InitiateDialogue with Major Producers

The former Saudi Oil Minister, Shaikh Ahmad Zaki Yamani, has warned the oilconsuming nations that now, when oil supplies are plentiful, is the time forthem to start a dialogue with the major producing countries of the Gulf area tosee whether an agreement can be reached on the security and continuity of futuresupplies. Otherwise, if the consumers wait until the...