Oman declares support for Opec policies

Published July 24th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

(MEBG) – Oman, which is not a member of Opec, has, nonetheless, declared its support for any Opec moves to ensure long-term stability in oil prices on the world market. 

 

Speaking to the Omani daily, Oil Minister Mohammad bin Hamad Al Romhi declared “Our aim as an oil-producer is stability of prices on the international market.”  

 

Oman’s current output is about 900,000 barrels per day. 

 

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