No. 46



UAE To Seek Higher Quota If OPEC Decides To Raise Production Ceiling

The UAE will demand an increase in its OPEC quota if the Organization decides to raisethe production ceiling at the forthcoming OPEC meeting in Jakarta, according to the UAEMinister of Petroleum and Mineral Resources, Mr. Ubaid bin Saif al-Nasiri. In a statementto the Emirates News Agency WAM last week, Mr. Nasiri pointed out that theprojected increase in world oil demand to some 75mn b/d in...