VOL. XXXVIII

NO. 12

19-DECEMBER-1994

Kuwait

Kuwait Will Demand Quota Increase For 1996

According to Kuwait's Finance Minister Nasir al-Rudhan, Kuwait will stick toits 2mn b/d OPEC quota through to the end of 1995, as decided upon at lastmonth's OPEC ministerial meeting in Bali, but will demand a 200,000 b/d quotaincrease for 1996. In a recent statement about Kuwait's budget for the July1995-June 1996 financial year (see story on page B2), Mr. Rudhan said that itwould continue to be based on an oil...