NO. 6



Still obdurate on Quota

The UAE Deputy Minister of Petroleum and Mineral Resources, Mr. Shaiba al-Hamili,has indicated that the UAE is still not prepared to give ground on the questionof its self-allocated quota of 1.5mn b/d. Speaking in an interview publishedby the UAE daily al-Bayan on 6 November, Mr. al-Hamili said, when asked whetherthe UAE was prepared to cut its output to avoid a price collapse, that "theUAE has made great sacrifices for OPEC and now it...