He believes that he can raise production by more than 30 percent.
That allowed companies to raise production and profit without adding workers.
The country hopes to raise daily production to four million barrels by 2020.
Factories are thus unlikely to raise production in coming months.
In a nationwide survey, 75 percent approved of raising production to bring down prices.
To raise production to 600,000 barrels a day by 1997, the four companies are to invest $7 billion.
The four nations have the capacity to raise production immediately.
It said 1998 would raise production further, to about 220 aircraft.
But the company stumbled as it tried to raise production to 43 planes a month from 18 in 1996.
The plan was intended to raise production by about 20 percent.