VOL. XLIII

No. 38

18-September-2000

OPEC

OPEC, EU and IEA Documents

OPEC Press Conference

The following is the text of the Press Conference held by OPEC Secretary General Rilwanu Lukman in Vienna on 11 September following the ordinary OPEC ministerial meeting.

Q: How sure are you that yesterdays production increase of 800,000 b/d beginning 1 October will be enough to avoid a world recession?

A: We dont see a recession in the offing due to oil prices. Oil prices are not going to cause a recession in...