OPEC should resist to call-ups to increase production of petroleum sharply - General Secretary OPEC

15.03.00 00:00
/PRIME TASS, March 15, 00/ - According to the Financial Times, the General Secretary of OPEK has stated recently, that OPEC should resist to call-ups to increase production of petroleum sharply. R. Lukman does not consider that the present petroleum prices are too high and doubts that they can provoke inflation in the industrially advanced countries. He believes that these countries, first of all, should improve the tax systems. OPEK prefers the stable, without sharp prices jumps world petroleum market, that is profitable for the petroleum exporters as well as for the consumers, - he said. R. Lukman has expressed a hope that OPEC countries and other oil exporting countries will manage to reach the agreement and has indicated that in opinion of many market participants, the $25 a barrel price level is suitable.