Committee to monitor the production of OPEC ministers to give member organizations that hold a regular meeting on Wednesday in Vienna to maintain quotas on oil production, told reporters Kuwait's oil minister Sheikh Ahmad al-Abdullah al-Sabah, reported Bloomberg.
According to him, when it is necessary to achieve more rigorous compliance by member countries production quotas. He noted that the level of 75% would be sufficient (now this level is 68%).
Monitoring Committee OPEC production, which includes Iran, Nigeria and Kuwait, examines data on demand and production of oil and make recommendations to ministers meeting of member countries.
OPEC countries last year launched a record decline in production to support oil prices. Prices on world markets rose almost doubled between December and hold a minimum of about $ 70 mark per barrel.
the oil cartel's president Jose Maria Botelho de Vasconcelos, said last week that a further decline in oil production would jeopardize the recovery of the world economy, and pledged to maintain the quota. Everything points to the fact that quotaswill be retained without change, - he said.
in recent days in support of specialty quota expressed oil minister of Qatar, Kuwait and Iraq. Analysts polled by Bloomberg, unanimously predict that OPEC will keep oil production quota at the level of 24.845 million barrels per day (bpd).
Despite the established quota, production of 11 countries in the cartel last month it has exceeded 1.21 million to 26.055 million and was used to.
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