VOL. XXX

NO. 23

16-MARCH-1987

OPEC AND OIL PRICES

Libya Resists Customers' Requests to Offer Lower Prices

MEES learns from authoritative Libyan oil sources that Tripoli is determinedto defend official oil prices as set by OPEC and is resisting customers'requests for discounts and refusing to enter into any netback deals. Despite thefact that such a policy may result in Libyan crude oil production falling tovery low levels, Libyan oil sources said that they "could tolerate this inorder to defend...