VOL. XXXVI

NO. 10

7-DECEMBER-1992

IRAQ

Hiti Calls on Saudi Arabia and Iran to Cut Production to Make Room forIraq's Return

Mr. Usama al-Hiti, the Iraqi Oil Minister, has made it clear that his countrywill adopt an aggressive pricing policy when it re-enters the oil market andcalled upon Saudi Arabia and Iran to start reducing production now in order toaccommodate his country's return. Mr. Hiti told Knight-Ridder news service inVienna on 27 November that since his country is not exporting any oil...