VOL. XXX

NO. 17

2-FEBRUARY-1987

OPEC/NON-OPECAND OIL PRICES

Otaiba Says Dubai Is Responsible for UAE Overproduction: Dubai Denies it

The UAE Oil Minister, Dr. Mana Saeed al-Otaiba, has admitted that oilproduction in the Emirates is exceeding the first quarter OPEC quota of 902,000b/d, but has denied that Abu Dhabi is at fault.

In an interview with Reuters in London on 27 January, Dr. Otaiba for thefirst time revealed that Abu Dhabi regards 682,000 b/d as its share of the UAEquota, and asserted that...