• Short Summary

    Oil experts from 23 Western countries of the Organisation for Economic Cooperation and Development met in Paris on Monday (12 June) afternoon, just a few hours after officials of four members countries...

  • Description

    Oil experts from 23 Western countries of the Organisation for Economic Cooperation and Development met in Paris on Monday (12 June) afternoon, just a few hours after officials of four members countries...the United states, Britain, France, and The Netherlands... had met in secret as a consortium to discuss their possible reaction to last week's nationalisation by Iraq of the assets of the Iraq Petroleum Company (IPC), in which each country has interests.

    The 23-member committee did not immediately discuss the Iraqi issue, which was scheduled much later on the agendas, but French officials are known to have stressed the value of continued contacts with the Iraqi authorities after meeting with the Chairman of the Iraq National Oil Company who had flown to Paris for talks with them. There was no immediate indication of the consortium's reaction to the direct approach made to the French officials by the Iraqi company.

    SYNOPSIS: The Chateau de la Muette in Paris where members of the oil committee of the Organisation for Economic Co-operation and Development met on Monday. The meeting followed only hours after officials of four member countries.. the Untied States, Britain, France and The Netherlands.... had met in secret session to discuss their possible reaction to last week's nationalisation by Iraq of the assets of the Iraq Petroleum Company. The members of the consortium had considerable financial interests in the company.

    The Economic Co-operation and Development Organisation's Oil Committee did not immediately discuss the issue, but French officials who had received a direct approach from the Chairman of the Iraq National Oil Company have been stressing the value of continued contacts with the Iraqi authorities.

  • Tags

  • Data

    Film ID:
    VLVAGS1AAW50MDGWCSEK9Y73ZPNI
    Media URN:
    VLVAGS1AAW50MDGWCSEK9Y73ZPNI
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    13/06/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:57:00
    Time in/Out:
    /
    Canister:
    N/A

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