VOL. XXXI

NO. 29

25-APRIL-1988

OPEC/NON-OPEC

Norway Extends Curb on Planned Production for Second Half 1988

Norway has announced that it is extending its 7.5% cutback from plannedpetroleum output growth for the second half of 1988. An Oil Ministry statementissued on 22 April stated that "in the light of the market situation, thegovernment will extend measures to help stabilize the oil price at a reasonablelevel through the second half of 1988." The statement added that the 7.5%cut in planned...