VOL. XXXVIII

NO. 9

28-NOVEMBER-1994

OPEC Puts Its House In Order With Agreement On One-Year Quota Rollover AndElection Of Nigeria's Lukman As Secretary General

MEES Editor Ian Seymour Reports from Bali, Indonesia, on the Outcome ofOPEC's Ministerial Conference, 21-22 November

"First of all the objective is higher prices," Saudi Oil MinisterHisham Nazer told MEES in Bali when explaining the genesis and rationale of hissuccessful proposal for a 12month rollover of OPEC production quotas until theend...