VOL. XXXVIII

NO. 34

22-MAY-1995

OPEC

Gabon Insists On Pro-Rata Contributions By OPEC Members

Gabon has insisted that annual contributions paid by the 12 OPEC memberstates should be adjusted in accordance with each country's production levelrather than shared equally by all member states as is the case now. There isvery little, if any, support for this position within OPEC and it is expectedthat the proposal will be turned down during the next OPEC conference in Viennaon 19 June. The present system...