Middle East Economic Survey
VOL. LII
No 18
04-May-2009
OPEC
Angola Requests Exemption From OPEC Targets, Underlining Compliance Issue
Angola has sent a letter to OPEC Secretary-General 'Abd Allah al-Badri requesting special exemption from implementing its OPEC production target obligations, MEES understands. Citing the damage wrought by 30 years of civil war, the letter argues Angola has a special need for revenues to rebuild its shattered economy and points to similar exceptions given to both Iraq...
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