Kuwait Wants to Extend Open-Ended Production Arrangement, Says Baghli
Mr. 'Ali al-Baghli, the Kuwaiti Oil Minister, said last week that he plans toask the OPEC Ministerial Conference during its next meeting on 25 November inVienna to extend the current arrangement under which Kuwait is exempted fromOPEC production quota restrictions in order to compensate for lost output sinceAugust 1990. Kuwait had a quota of 1.5mn b/d before the Iraqi invasion. Mr.Baghli...
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