VOL. XXXIII

NO. 41

16-JULY-1990

OPEC

Nazer Says UAE Accepts 1.5mn b/d Quota

The Saudi Oil Minister, Mr. Hisham Nazer, told the Saudi Press Agency (SPA)on 12 July that contacts between King Fahd of Saudi Arabia and the President ofthe UAE, Shaikh Zayid ibn Sultan Al Nuhayyan, had resulted in the UAE rejoiningOPEC's production program with a quota of 1.5mn b/d and agreeing to abide by thedecisions of the Jiddah meeting of Gulf oil ministers.

The following is a MEES translation of the SPA report:

"The...