Oman Plans to Maintain Production at 400,000 b/d

Oman plans to maintain the level of its crude oil production at an average of 400,000 b/d in 1985, despite the present instability in the world oil market, according to a statement on 3 January by the Minister of Petroleum and Mineral Resources, Mr. Ahmad Sa'id al-Shanfari.

In his statement to Reuters, the Minister said that Oman would generally follow the pricing levels set by OPEC and that if the price fell below the $29/B...