VOL. XLII
No. 07
15-February-1999
QATAR
Qatar Approves Oil Price Assumption Of $10/B
The Qatari Minister of Energy, Mr. 'Abd Allah bin Hamadal-'Attiyah, announced on 9 February that his Ministry had "advised theMinistry of Finance to base their budget on the assumption of $10/B oilprice." In a statement to Reuters the Minister acknowledged thatthis was a conservative assumption and that he expected oil prices to bebetter, but that this figure should be used in the forthcoming 1999-2000budget. "If...
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