NO. 10



Kuwait Plans Production Buildup to 1.5mn b/d OPEC Quota Level by End-1992

Kuwait is planning on a rapid buildup of oil production to its OPEC quotalevel of 1.5mn b/d by the end of next year, and within that framework it willproduce and export as much as possible as soon as possible. Moreover, as andwhen the OPEC ceiling rises, Kuwait will ask for a bigger quota share withinOPEC to help make up for the output losses it sustained since the Iraqiinvasion. This...