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| <!DOCTYPE HTML PUBLIC "-//IETF//DTD HTML//EN"> | |
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| content="text/html; charset=iso-8859-1"> | |
| <meta name="GENERATOR" content="Microsoft FrontPage 2.0"> | |
| <!-- #BeginEditable "doctitle" --> | |
| <title>28th Meeting Of The Ministerial Monitoring Sub-Committee</title> | |
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| </head> | |
| <body background="../../bacground.gif"> | |
| <p align="center"><img src="../../PressReleaselogo.gif" width="499" height="154" name="Image1"> <img src="../../Anniversary_Logogif.gif" width="136" height="138"></p> | |
| <p align="center"> </p> | |
| <dl> | |
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| <blockquote><!-- #BeginEditable "cont" --> | |
| <p align="RIGHT"><font size="4">For immediate release</font></p> | |
| <p align="RIGHT"><font size="4">Vienna, 29th March 2000</font></p> | |
| <p align="CENTER"> </p> | |
| <p align="CENTER"> </p> | |
| <p align="CENTER"><b><font size="5">Nine OPEC Member Countries’ Press | |
| Release</font></b></p> | |
| <p align="CENTER"> </p> | |
| <p align="JUSTIFY"><font face="TIMES" size="4">	Nine OPEC Member | |
| Countries (Algeria, Indonesia, Kuwait, S.P. Libyan A.J., Nigeria, | |
| Qatar, Saudi Arabia, the United Arab Emirates and Venezuela), meeting | |
| in Vienna on the occasion of the 109<sup>th</sup> OPEC Conference, | |
| on 29<sup>th</sup> March, 2000, decided to restore their production | |
| to their pre-March 1999 levels, making their individual Member Country | |
| output levels as follows:</font></p> | |
| <p align="JUSTIFY">			<b><u>Production</u></b></p> | |
| <p align="JUSTIFY"><font size="4">		<b> (tb/d)</b></font></p> | |
| <p align="JUSTIFY"><b>	Algeria		</b> 788</p> | |
| <b></b> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	Indonesia		</b></font><font face="TIMES"> | |
| 1,280</font></p> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	Kuwait		</b> 1,980</font></p> | |
| <p align="JUSTIFY"><b>	S.P. Libyan A.J.	 </b>1,323</p> | |
| <b></b> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	Nigeria		</b></font><font face="TIMES"> | |
| 2,033</font></p> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	Qatar	 </b>640</font></p> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	Saudi Arabia		</b> | |
| 8,023</font></p> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	United Arab Emirates | |
| </b>2,157</font></p> | |
| <p align="JUSTIFY"><font face="TIMES"><b>	Venezuela		</b> | |
| 2,845</font></p> | |
| <p align="JUSTIFY"><font size=4>	</font><b><u><font face="TIMES">Total		 | |
| </font></u></b><u><font face="TIMES">21,069</font></u></p> | |
| <p align="JUSTIFY"> </p> | |
| <p align="JUSTIFY"><font size="4">	These nine Member Countries | |
| strongly emphasized their firm commitment to this agreement, which | |
| is effective from 1st April 2000, and each stressed its intention | |
| to ensure full compliance. </font></p> | |
| <p align="JUSTIFY"> </p> | |
| <p align="CENTER"> </p> | |
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| <dd><blockquote><blockquote><blockquote> | |
| <p align="center"><font size="5" | |
| face="Verdana"> </font><a | |
| href="../../news.htm"><font | |
| face="Verdana">Return to Announcements Page</font></a> </p> | |
| </blockquote> | |
| </blockquote> | |
| </blockquote> | |
| </dd> | |
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