VOL. XXX

NOS. 11/12

22/29-DECEMBER-1986

KUWAIT'S 'ALI KHALIFAH EXPLAINS OPEC'S GENEVA ACCORD

(The following is the text of a press briefing given in Geneva on 20 Decemberby the Kuwaiti Oil Minister, Shaikh 'Ali Khalifah al-Sabah.)

I think basically that it is a good agreement and that production during thefirst two quarters is sufficiently low to mop up any surplus inventory that isin the market by any reasonable estimate of demand. We have been veryconservative our experts have been extremely...