VOL. XLIII

No. 14

3-April-2000

SAUDI ARABIA

Saudi Oil Minister Reviews OPECs New Agreement To Raise Production

There follows the question-and-answer text of a press briefing given by Mr Ali al-Naimi, Saudi Arabias Minister of Petroleum and Mineral Resources, in Vienna on 29 March to a selected group of journalists, including Ian Seymour and Walid Khadduri ofMEES.

Q: You said last night that this agreement will be closely monitored by the producers and kept under review, and you are already set to...