Indonesia Backs Inter-OPEC Contacts
Indonesia's Energy and Mines Minister, Mr. Ginandjar Kartasasmita, has saidthat in the current market situation he believes contacts between the OPECcountries are more useful than a meeting of the five-member price monitoringcommittee. Speaking in Jakarta on 12 July, Mr. Kartasasmita said that while hewould not rule out the possibility of a committee meeting "if the steps weare taking now do not produce results," he felt that...
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