• Short Summary

    The Shah of Iran yesterday (Wednesday 4 Feb.) gave the world's major oil companies until Feb 15 to put forward proposals acceptable to the Gulf oil producing countries who are demanding an increased revenue from the sale of their oil.

  • Description

    The Shah of Iran yesterday (Wednesday 4 Feb.) gave the world's major oil companies until Feb 15 to put forward proposals acceptable to the Gulf oil producing countries who are demanding an increased revenue from the sale of their oil. The Shah announced this at the Teheran conference of the 10-nation Organisation of Petroleum Exporting Countries (OPEC) and promised legislation to realise the OPEC countries' demands if the oil companies did not respond before that date.

    The film shows the opening of the Extraordinary Ministerial Conference of OPEC with the Venezuelan Petroleum Minister Hogo Prez La Salvia as chairman. The OPEC nations supply 35 per cent of West Europe's oil needs.

  • Tags

  • Data

    Film ID:
    VLVA8XFW82OPCBYKLQD0VRJP10SK
    Media URN:
    VLVA8XFW82OPCBYKLQD0VRJP10SK
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    04/02/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:10:00
    Time in/Out:
    /
    Canister:
    N/A

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