NO. 30


Additional Taxes On Oil And The Producing Countries' Response:Overreaction Or Protection Of Interests?

by Mohammad Al-Sabban

This article, translated by MEES, was originally published in theArabic-language London daily Ash Sharq al-Awsat of 10 April. Dr. Mohammad Al-Sabbanis Economic Adviser to the Minister of Petroleum and Mineral Resources of SaudiArabia.

There was a surprise in some quarters at the reaction of the producingcountries to the proposed new taxes on...