VOL.XXXIXNo. 6416-December-1996IRAN

StrategicImportance Of Oil And Gas: An Iranian ViewKeynote address by Iranian Minister of Petroleum GholamrezaAghazadeh (abridged)The Asia-Pacific region, forms the most important part of the worldoil and gas trade, due to its strong demand. Of the 71mnb/d of the world oil demand in the third quarter of this year, 25% was used inthis area, while it produces only 10% of the world oil. Itsdemand growth is much more than its output. The Asia-Pacific region...