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Information on OPEC members

Click on the countries on the map to see details such as ministers' names, current output, current quotas and habitual political positioning within the organization.

Algeria  
Minister's name: Chakib Khelil
September output: 1.3 million b/d
September 2006 quota: 894,000 b/d
Positioning: Driven by a need to keep revenues from natural gas high, Algeria historically has been an OPEC price hawk, often seeking to persuade the organization to cut production in order to raise prices. Algeria is seeking a disproportionate increase in its OPEC quota to bring it into line with its growing output capacity.
   
Indonesia

 

Minister's name:

Purnomo Yusgiantoro

September output:

860,000 b/d

September 2006 quota:

1.451 million b/d

Positioning:

An OPEC pragmatist, Indonesia typically acts to help keep agreements intact or to achieve consensus across the group. Indonesia's oil production capacity has been declining and independent estimates of its monthly output suggest that it cannot produce its current quota.

 

 
Iran

 

Minister's name:

Bijan Zanganeh

September output:

3.950 million b/d

September 2006 quota:

4.110 million b/d

Positioning:

Like Algeria, Iran has been hawkish in its outlook for many years, partly because its ability to export more crude oil has been circumscribed by a geological ceiling and rapidly rising domestic oil consumption. However, Tehran has shown an increasing level of pragmatism over the past few years.

 

 
Iraq

 

Minister's name:

Thamer Ghadban, appointed June 2004. Served as acting oil minister mmediately after the end of the US-led war in Iraq in 2003. Replaced Ibrahim Bahr al-Ulum. Amer Rasheed, the last oil minister to serve under President Saddam Hussein, is in US custody.

September output:

2.140 million b/d

No quota:

None. Iraq does not have an OPEC quota. Between late 1996 and mid-March 2003, Baghdad exported crude under the UN's oil-for- aid program. Ghadban indicated in the autumn of 2003 that there would be little point in discussing Iraq's return to the OPEC quota system until its production reached 3.5 million b/d. Iraqi production and exports have been restricted by sabotage in the north and power generation problems in the south.

Positioning:

Not really a participant since 1990, when its invasion of Kuwait brought strict international sanctions against Baghdad. Iraq exported crude between December 1996 and March 2003 under the UN's oil-for-aid program. It does not have an OPEC quota.

 

 
Kuwait

 

Minister's name:

Sheikh Ahmed Fahed al-Sabah

September output:

2.540 million b/d

September 2006 quota:

2.247 million b/d

Positioning:

Often acts in concert with fellow Gulf members Saudi Arabia, Qatar and the UAE.

 

 
Libya:

 

Head of Delegation's name:

Fathi bin Shatwan

September output:

1.720 million b/d

September 2006 quota:

1.500 million b/d

Positioning:

Once the third vocal price hawk of the group along with Algeria and Iran, Libya has in recent years been more inclined to accede to collective decisions. Libya is also seeking a disproportionate increase in its quota in line with its expanding capacity but has not given a figure.

 

 
Nigeria

 

Head of Delegation's name:

Edmund Daukoru, presidential adviser on petroleum

September output:

2.300 million b/d

September 2006 quota:

2.306 million b/d

Positioning:

Normally a pragmatic player. Adherence to OPEC quota levels tends to be the result of production problems rather than strict implementation of OPEC pacts. Nigeria has been working to boost its reserves and production capacity and is seeking a disproportionate increase in its OPEC quota.

 

 
Qatar

 

Minister's name:

Abdullah al-Attiyah

September output:

830,000 b/d

September 2006 quota:

726,000 b/d

Positioning:

An inveterate quota violator, Qatar's primary interest is in its natural gas production. Its constant but small overproduction of oil over the past 10 years has been so much a part of the scene that other OPEC members tolerate it. Oil minister Abdullah al-Attiyah held the OPEC presidency in 2003.

 

 
Saudi Arabia

 

Minister's name:

Ali Naimi

September output:

9.100 million b/d

September 2006 quota:

9.099 million b/d

Positioning:

The kingpin of the organization by virtue of its huge production capacity. Saudi Arabia has more strategic flexibility than the rest of OPEC, but is sometimes constrained by short-term need for cash. Its longtime goal has been price stability at levels which won't destroy oil demand in the long run but its analysis of supply and demand led it in late 1997 to push OPEC into a production hike which crashed prices. More recently, Riyadh has boosted its output beyond official quota levels in an effort to stem last year's relentless price surge which took US light crude prices above $55/bbl in October 2004. Saudi output rose to 9.5 million b/d and stayed at that level for several months. At OPEC's Dec 10, 2004, meeting in Cairo, Saudi Arabia led the group in a move to cut overproduction by 1 million b/d, of which the kingdom's share would be around 500,000 b/d.

 

 
UAE

 

Minister's name:

Mohamed bin Dhaen al-Hamli. Appointed November 2004. A former OPEC governor, he replaced Obaid al-Nasseri.

September output:

2.600 million b/d

September 2006 quota:

2.444 million b/d

Positioning:

Of the seven emirates which make up the UAE, only Abu Dhabi truly participates in OPEC decision-making. In recent years, the UAE has typically followed the Saudi lead. The newly-appointed Hamli affirmed in November last year that there would be no change in the energy policy of the UAE, which he said was committed to maintaining adequate supplies to guarantee market stability and world economic growth.

 

 
Venezuela

 

Minister's name:

Rafael Ramirez

September output:

2.550 million b/d

September 2006 quota:

3.223 million b/d

Positioning:

Once a major thorn in the side of those seeking rigorous production controls in OPEC, Venezuela dropped its aggressive overproduction stance when it changed governments in 1998. But the commitment of President Hugo Chavez to OPEC output accords and a crippling two-month oil strike in the winter of 2002-03 have led to a significant decline in Venezuela's crude production capacity. This was estimated to be as high as 3.6 million b/d as recently as 1998 but by 2002 was reckoned to have fallen to 3 million b/d or lower. Some analysts believe the strike, which was aimed at forcing Chavez into calling early elections, further lowered capacity to around 2.5-2.6 million b/d. The government claims production has climbed back above 3 million b/d.

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Platts OPEC Guide Information on OPEC members 2006-03-03

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