Word: yamani
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Dates: during 1970-1979
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...cutback planned for December. West Germany sent envoys to Saudi Arabia in search of an arrangement that would allow oil destined for Germany to pass through embargoed Dutch ports. Other governments are preparing to ask for their own private deals when Saudi Arabia's Oil Minister Ahmed Zaki Yamani swings through major European capitals next week. Reports are circulating in Europe, however, that the Arabs are allowing international oil companies to beat the boycott, at least partially. The companies are said to be taking Indonesian, Venezuelan and Nigerian oil that is destined for Canada and other nonembargoed countries...
...boycott, and last week Secretary of State Henry Kissinger voiced them out loud. In a press conference, he warned that if the embargo continues "unreasonably and indefinitely, the U.S. will have to consider what countermeasures it will take." Saudi Arabia's Oil Minister Ahmed Zaki Yamani promptly replied that the Arabs might then cut oil production by 80% rather than just 25%, and destroy the economies of Europe and Japan...
...Middle East crisis gave the visit a more urgent tone. More than 80% of Japan's oil has been coming from the Middle East. While reports of a formal Arab "ultimatum" were denied by government sources in Tokyo, TIME learned that Saudi Arabian Oil Minister Ahmed Zaki Yamani suggested to the Japanese ambassador that in order to be classed as a "friendly" nation, Japan should break relations with Israel. Tanaka told Kissinger that to get supplies, Japan would have to abandon its formally neutral stance for a pro-Arab policy, and asked for U.S. understanding. Kissinger urged...
...immediate personal considerations." Grant's experience abroad has helped him put into perspective both the economic and diplomatic aspects of this week's story, which was reported by TIME correspondents in more than ten countries. In Saudi Arabia, Beirut Bureau Chief Karsten Prager spoke with Oil Minister Yamani and other high government officials, and observed the Saudi Arabian land and lifestyle. "From 30,000 feet above," Prager says, "it seems somehow as if God must have been looking away when the land was created. But somewhere along the line He made up for the rocks and sand...
...energy politics. At present, oil from Arab nations accounts for 7% of U.S. imports. By 1980, it could easily climb to 50%. Last week, as a sign of the sort of pressure that the U.S. can expect in the future, Saudi Arabia's Petroleum Minister, Ahmed Yaki Yamani, flatly refused to increase his country's oil production until the U.S. changes its policy toward Israel...