OPEC MINISTERIAL MEETING PROPOSED FOR 16 MARCH IN GENEVA

MEES understands that the Venezuelan Oil Minister, Dr. Arturo Hernandez Grisanti, in his capacity as current President of the OPEC Conference, has circulated to member countries a proposal that a consultative meeting of OPEC Oil Ministers should convene in Geneva on 16 March. However, member countries' replies to the proposal are still being awaited at the Vienna secretariat.

It seems that whereas Dr. Hernandez Grisanti is...