NO. 34



Iraq Still Ready to Accept Quota Parity with Iran, Says Oil Minister

Iraq would still be prepared to accept quota parity with Iran provided thatsuch a proposal was endorsed by all the other OPEC member states, according tothe Iraqi Oil Minister, Mr. Issam al-Chalabi. Mr. Chalabi, who was speaking toreporters at a press briefing in Houston, Texas, on 26 May, made it clear thatsuch a step would represent a concession on the part of Iraq since his countryis currently...