NO. 10

11 December 1989

UAE Expected To Cut Oil Output By 350,000 B/D In January

The UAE - which rejected its allocated quota of 1.095mn b/d at the recentOPEC conference in Vienna and is thus operating on a quota-free basis - isplanning to reduce its crude oil output by some 350,000 b/d as from thebeginning of January, MEES understands.

According to MEES sources, operators in Abu Dhabi have been informed of cutsin production programs for January which will have the effect of reducing...