Word: amouzegar
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Dates: during 1970-1979
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...Jamshid Amouzegar...
...agreement was a disappointment for Iran's Interior Minister Jamshid Amouzegar, who led a bloc of OPEC hardliners, including representatives from Algeria, Libya and Venezuela. They argued for a price boost of 10% to 15% on grounds that inflation in the industrial nations has eaten into OPEC'S buying power. Iran, which has huge development bills to pay, has been badly hurt by the recession-induced drop in world petroleum demand and the consequent fall-off in oil revenues...
...strategy worked last fall, when the Saudis held the latest OPEC price boost to a stated 10%, though some cartel members had wanted much more. Whether OPEC will continue to present even a facade of moderation, however, remains open to question. Iranian Interior Minister Jamshid Amouzegar recently noted that with the expected worldwide economic recovery, new oil price boosts "will become possible again...
Iran's Interior Minister Jamshid Amouzegar, "but plays no useful purpose in this dialogue." Kissinger, however, was not really telling the OPEC nations that they should drastically roll back the price of oil. Rather, his aim seemed to be to drive a wedge between the oil producers and the truly poor. If that was indeed the American strategy, it had little success: the oil-producing states dominated their poorer brethren in the conference's deliberations. Four commissions were set up to examine the world's economic problems-under broad headings of energy, development, raw materials and financial...
Years of Neglect. Reaction from OPEC-nation delegates was quick and strong. On the second day of the session, Iran's Interior Minister Jamshid Amouzegar answered that "the substantive issue is not whether the oil price has gone up too rapidly; the real issue is whether or not the world is willing to realize that the era of cheap and abundant energy is over." He then added, sarcastically: "The developed world felt easy about shrugging off responsibility for years of neglect, inaction, inconsistent policies and economic mismanagement, which have placed so heavy a burden on the world economy...