OPEC CRUDE OIL PRODUCTION CEILING ALLOCATIONS
(Thousand Barrels per Day)
  Apr83-Oct84 Nov84-Oct86 Nov-86 Dec-86 1H87 2H87 1988 1H89 Jul89-
Sep89		 Oct89-Dec89
   1 2 3 3 4 5 6 7 8 9
Algeria  725 663 669 669 635 667 667 695 733 771
Indonesia 1,300 1,189 1,193 1,193 1,133 1,190 1,190 1,240 1,307 1,374
IR Iran  2,400 2,300 2,317 2,317 2,255 2,369 2,369 2,640 2,783 2,926
Iraq 1,200 1,200  -   -  1,466 1,540  -  2,640 2,783 2,926
Kuwait  1,050 900 921 999 948 996 996 1,037 1,093 1,149
SP Libyan AJ 1,100 990 999 999 948 996 996 1,037 1,093 1,149
Nigeria 1,300 1,300 1,304 1,304 1,238 1,301 1,301 1,355 1,428 1,501
Qatar 300 280 300 300 285 299 299 312 329 346
Saudi Arabia  5,000 4,353 4,353 4,353 4,133 4,343 4,343 4,524 4,769 5,014
United Arab Emirates 1,100 950 950 950 902 948 948 988 1,041 1,094
Venezuela 1,675 1,555 1,574 1,574 1,495 1,571 1,571 1,636 1,724 1,812
OPEC 17,150 15,680     15,438 16,220   18,104 19,083 20,062
OPEC excl. Iraq     14,580 14,658     14,680      
                   
  Jan90-
Jul90		 Aug90 Apr91-
Sep91		 Oct91-
 Jan92		 Feb92-Sep92 Oct92-Dec92 Jan93-Feb93 Mar93-Sep93 Oct93-Jun96 Jul96-
Dec97
  10 11 12 13 14 15 16 17 18 19
Algeria  827 827 827 na 760 na 764 732 750 750
Indonesia 1,374 1,374 1,443 na 1,374 na 1,374 1,317 1,330 1,330
IR Iran  3,140 3,140 3,217 na 3,184 na 3,490 3,340 3,600 3,600
Iraq 3,140 3,140  -  na 505 na 500 400 400  
Kuwait  1,500 1,500  -  na 812 na 1,500 1,600 2,000 2,000
SP Libyan AJ 1,233 1,233 1,425 na 1,395 na 1,409 1,350 1,390 1,390
Nigeria 1,611 1,611 1,840 na 1,751 na 1,857 1,780 1,865 1,865
Qatar 371 371 399 na 377 na 380 364 378 378
Saudi Arabia  5,380 5,380 8,034 na 7,887 na 8,395 8,000 8,000 8,000
United Arab Emirates 1,095 1,500 2,320 na 2,244 na 2,260 2,161 2,161 2,161
Venezuela 1,945 1,945 2,235 na 2,147 na 2,360 2,257 2,359 2,359
OPEC 21,616 22,021 21,740 23,650 # 22,436 24,200 # 24,289 23,301 24,233 25,033
                   
  Jan98-Mar98 Apr98-Jun98 Jul98-
Mar99		 Apr99-Mar00  Apr00-Jun00 Jul00- Sep00 1 Oct00-30Oct00  31 Oct00-Jan01 Feb01- Mar01 Apr01- Aug01
  20 21 22 23 24 25 26 27 28 29
Algeria  909 50 788 731 788 811 837 853 805 773
Indonesia 1,456 70 1,280 1,187 1,280 1,317 1,359 1,385 1,307 1,255
IR Iran  3,942 140 3,318 3,359  -  3,727 3,844 3,917 3,698 3,552
Iraq 1,314  -   -     -   -   -   -   -   - 
Kuwait  2,190 125 1,980 1,836 1,980 2,037 2,101 2,141 2,021 1,941
SP Libyan AJ 1,522 80 1,323 1,227 1,323 1,361 1,404 1,431 1,350 1,296
Nigeria 2,042 125 2,033 1,885 2,033 2,091 2,157 2,198 2,075 1,993
Qatar 414 30 640 593 640 658 679 692 653 627
Saudi Arabia  8,761 300 8,023 7,438 8,023 8,253 8,512 8,674 8,189 7,865
United Arab Emirates 2,366 125 2,157 2,000 2,157 2,219 2,289 2,333 2,201 2,113
Venezuela 2,583 200 2,845 2,720 2,845 2,926 3,019 3,077 2,902 2,786
OPEC 27,500                  
OPEC excl. Iraq   1,245 24,387 22,976   25,400 26,200 26,700 25,201 24,201
OPEC excl. Iraq & I.R.Iran         21,069          
                   
  Sep01-Dec01 Jan02-Dec02 Jan05 Feb03-May03 Jun03-Oct03 Nov03-Mar04 Apr04-Jun04 Jul05 Aug04-Oct04 Nov04-
Dec04
  30 31 32 33 34 35 36 37 38 39
Algeria  741 693 735 782 811 782 750 814 830 862
Indonesia 1,203 1,125 1,192 1,270 1,317 1,270 1,218 1,322 1,347 1,399
IR Iran  3,406 3,186 3,377 3,597 3,729 3,597 3,450 3,744 3,817 3,964
Iraq  -   -   -   -   -   -   -   -   -   - 
Kuwait  1,861 1,741 1,845 1,966 2,038 1,966 1,886 2,046 2,087 2,167
SP Libyan AJ 1,242 1,162 1,232 1,312 1,360 1,312 1,258 1,365 1,392 1,446
Nigeria 1,911 1,787 1,894 2,018 2,092 2,018 1,936 2,101 2,142 2,224
Qatar 601 562 596 635 658 635 609 661 674 700
Saudi Arabia  7,541 7,053 7,476 7,963 8,256 7,963 7,638 8,288 8,450 8,775
United Arab Emirates 2,025 1,894 2,007 2,138 2,217 2,138 2,051 2,225 2,269 2,356
Venezuela 2,670 2,497 2,647 2,819 2,923 2,819 2,704 2,934 2,992 3,107
OPEC excl. Iraq 23,201 21,700 23,000 24,500 25,400 24,500 23,500 25,500 26,000 27,000
Notes on production ceiling allocations:
na   Not available.        0   No production level allocated.     #   Including Ecuador and Gabon.
Ceiling as agreed at the
1/ 67th(Extraordinary) Meeting of the OPEC Conference, 14 March 1983.
No allocation for Saudi Arabia which will act as the swing producer. Venezuela: 1.7 mbd including condensates.
Nigeria: At the 70th Meeting of the OPEC Conference,10-11 July 1984  a temporary production rise to 1.4 mb/d
and 1.45 mb/d was decided for August 1984 and September 1984, respectively.
2/ Nov84-Aug86: 71st(Extraordinary) Meeting of the OPEC Conference, 29-31 October 1984. 
Sep86-Oct86: 78th Meeting of the OPEC Conference,28 July to 5 August 1986.
3/ 79th(Extraordinary) Meeting of the OPEC Conference, 6-22 October 1986, with the exception of Iraq.
4/ 80th Meeting of the OPEC Conference, 11-20 December 1986.
5/ 81st Meeting of the OPEC Conference, 25-27 June 1987.
6/ 1H88: 82nd Meeting of the OPEC Conference, 9-14 December 1987, with the exception of Iraq.
2H88: 83rd Meeting of the OPEC Conference, 11-14 June 1988, with the exception of Iraq.
7/ 84th Meeting of the OPEC Conference, 21-28 November 1988.
8/ 85th Meeting of the OPEC Conference, 5-7 June 1989.
9/ 3rd Meeting of the Eight-Minister Monitoring Committee, September 23-27, 1989.
10/ 86th Meeting of the OPEC Conference, 25-28 November 1989.
11/ Aug90-Dec90: 87th Meeting of the OPEC Conference, 26-27 July 1990.
1Q91: 88th Meeting of the OPEC Conference, 12-13 December 1990.
12/ 2Q91: 3rd Meeting of the Ministerial Monitoring Committee, 11-12 March 1991. Reservations were made by 
Algeria and I.R. Iran to the total OPEC production level. 3Q91: 89th Meeting of the OPEC Conference, 4 June 1991.
13/ 4Q91: 4th Meeting of the Ministerial Monitoring Committee, 24-25 September 1991. 
Jan92: 90th Meeting of the OPEC Conference, 26-27 November 1991.
14/ Feb92-Jun92: 6th Meeting of the Ministerial Monitoring Committee, 12-15 February 1992. Reservations were made by I.R.Iran to
 the total OPEC ceiling and by Saudi Arabia to their allocated production level. 3Q92: 91st Meeting of the OPEC Conference,
21-22 May 1992. Reservations were made by I.R. Iran to the total OPEC ceiling and by Saudi Arabia to their allocated production
level. The Conference also decided to allow  for any additional production from Kuwait.
15/ 9th Meeting of the Ministerial Monitoring Committee, 16-17 September 1992.
16/ 92nd Meeting of the OPEC Conference, 25-27 November 1992 with full support of Member Countries, except Iraq and
the allowance of additional volumes to Kuwait as they become available during the 1Q93.
17/ Mar93-Jun93: 10th Meeting of the Ministerial Monitoring Committee, 13-16 Feb 1993 with full support of Member Countries, except Iraq.
3Q93: 93rd Meeting of the OPEC Conference, 8-10 June 1993 with full support of Member  Countries, except Iraq and Kuwait.
18/ Oct93-Mar94: 94th(Extraordinary) Meeting of the OPEC Conference, 25-29 Sep 1993 with full support of Member Countries, except Iraq.
Apr94-Dec94: 12th Meeting of the Ministerial Monitoring Committee, 25-26 March 1994 with full support of Member Countries, 
except Iraq. Jan95-Dec95: 97th Meeting of the OPEC Conference, 21-22 November 1994.
1H96: 99th Meeting of the OPEC Conference, 21-22 November 1995.
19/ 2H96: 100th Meeting of the OPEC Conference, 5-7 June 1996. The remaining volume of 1.2 mb/d is to be supplied by Iraq.
1H97:101st Meeting of the OPEC Conference, 27-28 Nov 1996 The remaining volume of 1.2 mb/d is to be supplied by Iraq.  
2H97:102nd Meeting of the OPEC Conference,25-26 June 1997.The remaining volume of 1.2 mb/d is to be supplied by Iraq.
20/ 103rd Meeting of the OPEC Conference, 26 Nov-1 Dec, 1997. The remaining volume of 1.31408 mb/d is to be supplied by Iraq.
21/ 104th Extraord.Meeting of the OPEC Conference, 30 March 1998.Data reflect temporary production cuts till end 1998. Base: Feb98
OPEC excl. Iraq production (26.987 mbd) from selected secondary sources. Iraq is not called upon to participate in this agreement.
22/ 105th Meeting of the OPEC Conference, 24 June 1998. Iraq is not called upon to participate in this agreement.
23/ 107th Meeting of the OPEC Conference, 23 March 1999. Iraq is not called upon to participate in this agreement.
24/ 109th Meeting of the OPEC Conference,  March 27-29, 2000. Agreement of nine Member Countries.
25/ 110th(Extraordinary) Meeting of the OPEC Conference,  June 21, 2000. Iraq is not called upon to participate in this agreement.
26/ 111th Meeting of the OPEC Conference, September 10-11, 2000. Iraq is not called upon to participate in this agreement.
27/ 111th Meeting of the OPEC Conference, Sep10-11, 2000; including additional 500 tbd (price band mechanism) as announced by the
OPEC President on Oct 30, 2000 and effective from Oct 31, 2000. Iraq is not called upon to participate in this agreement.
28/  113th (Extraordinary) Meeting of the OPEC Conference, January 17, 2001. Iraq is not called upon to participate in this agreement.
29/  114th Meeting of the OPEC Conference, March 17, 2001. Iraq is not called upon to participate in this agreement.
30/ OPEC Conference, July 25, 2001. Iraq is not called upon to participate in this agreement.
31/ 1Q02: Announced during the 118th (Extraordinary) Meeting of the OPEC Conference, November 14, 2001 and confirmed its implementation 
during the Consultative Meeting of the OPEC Conference in Cairo, December 28, 2001. 2Q02, 3Q02 and 4Q02: Reconfirmed at the 119th, 
120th and 121st Meetings of the OPEC Conference March 15, June 26 and Sep 19, 2002, respectively. Iraq is not called upon to participate 
 in the agreements.
32/ 122th (Extraordinary) Meeting of the OPEC Conference, December 12, 2002. Iraq is not called upon to participate in this agreement. 
33/ 123rd (Extraordinary) Meeting of the OPEC Conference, January 12, 2003. Retained at the 124th Meeting of the OPEC Conference, 
March 11, 2003. Iraq is not called upon to participate in this agreement.
34/ Consultative Meeting of the OPEC Conference, April 24, 2003. Retained at the 125th(Extraordinary) and 126th (Extraordinary) Meeting of the 
 OPEC Conference, June 11 and July 31, 2003, respectively. Iraq is not called upon to participate in this agreement.
35/ 127th Meeting of the OPEC Conference, September 24, 2003. Retained at the 128th (Extraordinary) and 129th (Extraordinary) Meeting of the 
OPEC Conference, December 4, 2003 and February 10, 2004, respectively. Iraq is not called upon to participate in this agreement.
36/ 129th (Extraordinary) Meeting of the OPEC Conference, February 10, 2004. Reconfirmed at the 130th Meeting of the OPEC Conference, March 31, 2004. Iraq is not called upon to participate in this agreement.
37/ 131st(Extraordinary) Meeting of the OPEC Conference, June 3, 2004. Iraq is not called upon to participate in this agreement.
38/ 131st(Extraordinary) Meeting of the OPEC Conference, June 3, 2004. Iraq is not called upon to participate in this agreement.
39/ 132nd Meeting of the OPEC Conference, September 15, 2004. Iraq is not called upon to participate in this agreement. During the 133rd (Extraordinary) Meeting of the OPEC Conference, Member Countries agreed to collectively reduce the over-production by 1 mb/d from their current actual output, effective  1 Jan 2005. Agreement of 132nd Meeting has been retained at the 134th (Extraordinary) Meeting of the OPEC Conference, January 30, 2005.