term production costs, and wants a reasonable profit, and this is what we hope for." In reply to a question about the intention of negotiating with countries outside OPEC to improve or achieve prices, the He said, "You remember in 1998 when there was the depression of prices at that time, we toured countries outside OPEC, and we managed to gather them, and we agreed on combined cuts which moderated markets. Today, the situation is difficult, we have tried and met, but we have not succeeded due to the insistence of countries that OPEC alone shall bear this burden; and we reject this matter that OPEC bears the responsibility as its production constitutes 30% of the market, and 70% from outside OPEC. As it is a public interest , everyone must take part if we want to improve prices, and it is unallowable that one person earns at the expense of the other. In the eighties we lost a lot and we are not ready to repeat that". --More 12:14 LOCAL TIME 09:14 GMT تغريد
