VOL. XXXII
NO. 4
31-OCTOBER-1988
OPEC
Otaiba Reiterates UAE Insistence on 1.5mn b/d Production Quota
Despite GCC plan for an OPEC production agreement based on existing quotalevels plus Iraqi parity with Iran, the UAE has once again emphasized itsinsistence on a minimum quota of 1.5mn b/d (as against 948,000 b/d in thecurrent OPEC agreement).
In a recent speech to armed forces commanders in Abu Dhabi - quoted in theLondon-based Arabic-language daily al-Hayah on 27 October - the UAE OilMinister, Dr....
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