VOL. XXXVI
NO. 12
21-DECEMBER-1992
Iran Proposes Additional 2% Cut In OPEC Output
In a bid to remedy the current oil market weakness, Iranian Oil MinisterGholamreza Aghazadeh is proposing an additional output cutback of 2% from theallocations agreed upon at last month's OPEC meeting in Vienna. Mr. Aghazadeh,who put forward this proposal in a telephone interview with MEES Editor IanSeymour, said that the suggested 2% reduction in production should be madeacross the board by all OPEC members and...
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