VOL. XXXVI

NO. 20

15-FEBRUARY-1993

OPEC

Roundup of OPEC Ministerial Statements

Mr. Gholamreza Aghazadeh, the Iranian Oil Minister, told Tehran Radio on 10February that his country would support a production cutback of more than 1mnb/d from the first- quarter OPEC production ceiling in order to raise prices.Mr. Aghazadeh said that "to push prices towards OPEC's approved target, theIslamic Republic of Iran supports an OPEC output cut of more than 1mn b/d."He noted that "this proposal would reduce...