VOL. XXX

NO. 7

24-NOVEMBER-1986

'ALI KHALIFAH EXPLAINS OPEC COMMITTEE RECOMMENDATIONS FOR NEW PRICINGSYSTEM

(There follows the text of the press conference given in Quito, Ecuador, on14 November by the Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah, in whichhe explained the recommendation made by OPEC's ministerial committee on pricingfor a prompt return to a system of fixed official pricing based on a referenceprice of $18/B see MEES, 17 November. Shaikh 'Ali is the chairman of the OPEC...