Word: jamshid
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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...
...price doves, led in Vienna by Saudi Arabia's Oil Minister Ahmed Zaki Yamani. He was joined, surprisingly, by the delegation from Algeria, previously a hard-liner on oil prices. On the hawk side, a bloc including Libya and Iraq lined up behind Iran's Interior Minister Jamshid Amuzegar to demand initially a boost of 20% or more. Personally, no love is lost between Amuzegar and Yamani, and the arguments became sulfurous. At one point, Yamani stormed out of the closed meeting. He then caught a plane for London; he returned late the next morning, delaying the session...