VOL. XXXIII

NO. 7

20-NOVEMBER-1989

OPEC

Indonesia Ready to Accept Compromise over Distribution of Quotas

Indonesia has expressed its readiness to accept a cut in its 6.7% share ofOPEC production in favor of assigning higher allocations for high-capacityproducers, provided that OPEC raises the ceiling during its Ministerial Meetingnext week. "Indonesia is prepared to accept a smaller share of OPEC'soutput, but the actual amount of volume must not be less than what we havenow," according to Mr....