VOL. XXXI

NO. 4

2-NOVEMBER-1987

OPEC/NON-OPEC

Ecuador Wants Exemption from Production Quota

At a press conference in Quito on 29 October Ecuador's Energy MinisterFernando Santos Alvite expressed dissatisfaction over the quota assigned tohis country by OPEC (221,000 b/d for the second half of 1987), and said thatbecause Ecuador is a marginal oil producer it should be exempt from productionquotas.

The three-member quota compliance committee - composed of the Oil Ministersof Venezuela, Indonesia and...