No 15



Allocation Of OPEC Quotas

By John Gault

The following is a presentation made by Geneva-based economic consultant John Gault to a workshop sponsored by OPEC on Production Quotas in Vienna on 3-4 February 2003. Dr Gaults paper, which expresses his personal views and not those of OPEC, is published here with OPECs permission; such permission in no way implies OPEC endorsement of the views expressed by Dr Gault.

Production quotas and how to assign them is a subject...