Word: jamshid
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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...
...advisers is also surprisingly small. Among them are Premier Hoveida, 54, a dapper man who has held his job nine years; Hushang Ansary, 46, Minister of Economic Affairs and Finance; Amir Assadullah Alam, 55, who acts as the sovereign's right hand as minister of the court; and Jamshid Amuzegar, 51, who until recently served as the Shah's voice and goad at OPEC meetings. Amuzegar last April was shifted to Interior Minister, partly so that he might help ensure more honest elections than have been held in the past. "Even the dead voted," the Shah told TIME...
...most visible and vocal advocates of keeping oil prices high is Jamshid Amuzegar, Iran's shrewd and dapper Interior Minister. Amuzegar was chief negotiator for the producer countries in the 1971 settlement that first humbled Western oil companies by forcing costly price and tax boosts. Since then, he has become the Shah's right-hand oil expert. In an interview in Teheran last week with TIME Correspondents Karsten Pragerand William Stewart, Amuzegar talked forcefully on a range of topics...
...ministers, the real power is wielded by five members of this new generation. The two most important are a pair of rivals: Saudi Arabia's Harvard-educated Sheik Ahmed Zaki Yamani, 44, who publicly argues for slightly lower prices, and Iran's Cornell-educated Jamshid Amuzegar, 50, who argues for even higher prices. The other three are Kuwait's Abdel Rahman Atiqi, 44, Algeria's Belaid Abdessalam, 43, and Iraq's Saadun Hammadi, 44. Last year Hammadi excused himself for arriving late at an OPEC conference: "Sorry, I had to nationalize part of the Basrah...
...O.P.E.C. nations, said Interior Minister Jamshid Amuzegar of Iran, expect oil companies to absorb the increase. That is most unlikely; instead, the already high price of gasoline will probably go up about a penny a gallon. In the U.S., John C. Sawhill, head of the Federal Energy Administration, denounced the O.P.E.C. move as "economic blackmail" and said it underscored the need for continued price controls on U.S.-produced oil (see following story...