VOL. XXXI

NO. 28

18-APRIL-1988

OPEC

Kartasasmita Backs Adherence to Current Production Ceiling

Indonesia's new Minister of Energy and Mines, Mr. Ginandjar Kartasasmita - amember of the five-man OPEC price monitoring committee which met last week inVienna - has suggested that OPEC does not need to lower its current 15.06mn b/dproduction ceiling to stabilize prices, providing the non-OPEC producerscontribute a reduction in output equivalent to the growth in their market sharesince the beginning of...