NO. 22



Omani Minister Reaffirms Support for OPEC

The Omani Minister of Oil and Mineral Resources, Mr. Sa'id Ahmad al-Shanfari,has once more reiterated his country's support for OPEC in its efforts tostabilize oil prices and world markets. In an interview with the Oman NewsAgency on 26 February, Mr. Shanfari confirmed that non-OPEC Oman had cut itsproduction as of 1 February by 5%, lowering output from 565,000 b/d to about536,750 b/d. After setting aside 50,000 b/d for...