AUSTRIA: ARAB OIL COUNTRIES SAY JAPAN MUST BREAK RELATIONS WITH ISRAEL TO ESCAPE OIL CUTBACKS.

Record ID: 344750

  • Title: AUSTRIA: ARAB OIL COUNTRIES SAY JAPAN MUST BREAK RELATIONS WITH ISRAEL TO ESCAPE OIL CUTBACKS.
  • Date: 19th November 1973
  • Summary: 1. Sign (Organisation of Petroleum Exporting Countries) 0.05 2. GV PAN INTERIOR delegates seated 0.16 3. SV Delegates from Iran 0.19 4. SV Iraq delegates 0.22 5. SV President PAN to delegates from Abu Dhabi 0.30 6. MV Delegates from Algeria 0.34 7. SCU Tilt up delegates from Venezuela 0.43 9. MV Cameramen 0.46 10. MV Delegates from Saudi Arabia 0.50 11. SCU Tilt up Nigerian delegate 0.56 12. SCU Tilt up Libya and Arab Republic delegate 1.02 13. GV PAN Delegates seated 1.10 Initials AE/21.41 AE/22.03 Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 4th December 1973 12:00
  • Keywords:
  • Location: VIENNA: AUSTRIA
  • Country: Austria
  • Reuters ID: LVACJQEX7RGFD5PJORG1JSQIS0GZ
  • Story Text: An Arab Oil Minister announced on Monday (November 19) that Japan would have to break relations with Israel to qualify for exemption from Arab oil supply cutbacks.

    After a three-hour Ministerial meeting of the 12 nation Organisation of Petroleum Exporting Countries (OPEC) in Vienna, Saudi Arabia's Petroleum Minister Sheikh Ahmed Zaki Yamani said those countries affected by restrictions would be exempted on condition that they assist the Arab nations in a very significant manner and force the Israelis to leave the occupied territories.

    "Japan cannot assist us military, so that second thing to do is to cut relations", Sheikh Yamani told newsmen.

    He said it was not a decision by Saudi Arabia alone but also by other Arab oil-producing countries.

    The Arabs, he said, had decided that consumer nations must either act to force Israel to withdrew or assist the Arabs in other ways.

    On Sunday (November 18) the oil Ministers decided to exempt all European Common Market countries, except Holland, from a five per cent cut in oil supplies decreed by Arab producers for December.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2015. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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