Date: Apr 1, 2000 [ 0: 0: 1]

Subject: DNI-NEWS Digest - 30 Mar 2000 to 31 Mar 2000

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Subject: DNI-NEWS Digest - 30 Mar 2000 to 31 Mar 2000
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There is one message totalling 53 lines in this issue.

Topics of the day:

1. Iran's Rafsanjani slams U.S. lobbying on oil output

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Date: Fri, 31 Mar 2000 11:18:49 EST
From: Sohrab68@AOL.COM
Subject: Iran's Rafsanjani slams U.S. lobbying on oil output

Iran's Rafsanjani slams U.S. lobbying on oil output


TEHRAN, March 31 (Reuters) - Former Iranian president Akbar Hashemi
Rafsanjani lashed out at the United States on Friday for lobbying OPEC
members to increase oil production, which he said would lead to the
``plunder'' of producers' resources.

``A superpower...forced these states to pave the way for the plunder of their
wealth,'' Rafsanjani, who now heads a top state body, said in a Friday prayer
sermon carried by state radio.

``The action by America's president was a bad move and regrettable,''
Rafsanjani said, referring to telephone calls by President Bill Clinton to
leaders of oil producing countries.

The White House said on Wednesday that it saw no reason to apologise for what
Iran called its heavy-handed lobbying of OPEC members for a production
increase.

Rafsanjani said producers received just 25 percent of total revenues from
their oil while Western states pocketed 75 percent through taxes and other
charges.

``If oil is to become cheaper, why don't they cut their taxes? Why should it
be paid out of the pockets of producers and those who are needy themselves?

``Who is more deserving, the governments of Japan, America, Britain, Germany,
and France or the peoples of our countries which have been exploited for
centuries?,'' Rafsanjani asked.

He also called on OPEC members to close ranks after the recent rift in the
cartel.

Nine members of the Organisation of Petroleum Exporting Countries agreed this
week in Vienna to increase output by 1.45 million barrels per day (bpd) from
April 1 to curb prices.

Iran objected to the deal but said it would raise production to maintain its
market share, effectively taking the output hike to above 1.7 million bpd. .

Iran said on Thursday ``pressures'' on OPEC by its arch-foe, the United
States, breached free trade norms.

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End of DNI-NEWS Digest - 30 Mar 2000 to 31 Mar 2000
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