MEMBER COUNTRIES' CRUDE OIL PRODUCTION ALLOCATIONS
(1000 b/d)
  Apr82- Mar83 Apr83- Oct84 Nov84- Aug86 Sep86- Oct86 Nov-86 Dec-86 Jan87- Jun87 Jul87- Dec87 Jan88- Dec88 Jan89- Jun89 Jul89- Sep89 Oct89- Dec89
        1/       2/       3/     4/      5/ 6/ 7/ 8/ 9/ 10/ 11/ 12/
Algeria        650 725 663 663 669 669 635 667 667 695 733 771
Indonesia      1,300 1,300 1,189 1,189 1,193 1,193 1,133 1,190 1,190 1,240 1,307 1,374
I.R.Iran       1,200 2,400 2,300 2,300 2,317 2,317 2,255 2,369 2,369 2,640 2,783 2,926
Iraq           1,200 1,200 1,200 1,200 - - 1,466 1,540 - 2,640 2,783 2,926
Kuwait         800 1,050 900 900 921 999 948 996 996 1,037 1,093 1,149
S.P.Libyan AJ  750 1,100 990 990 999 999 948 996 996 1,037 1,093 1,149
Nigeria        1,300 1,300 1,300 1,300 1,304 1,304 1,238 1,301 1,301 1,355 1,428 1,501
Qatar          300 300 280 280 300 300 285 299 299 312 329 346
Saudi Arabia   7,150 5,000 4,353 4,353 4,353 4,353 4,133 4,343 4,343 4,524 4,769 5,014
U.A.E.         1,000 1,100 950 950 950 950 902 948 948 988 1,041 1,094
Venezuela      1,500 1,675 1,555 1,555 1,574 1,574 1,495 1,571 1,571 1,636 1,724 1,812
OPEC 17,150 17,150 15,680 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 Jan98- Mar98 Apr98- Jun98
  13/ 14/ 15/ 16/ 17/ 18/ 19/ 20/ 21/ 22/ 23/ 24/
Algeria        827 827 827 na 760 na 764 732 750 750 909 50
Indonesia      1,374 1,374 1,443 na 1,374 na 1,374 1,317 1,330 1,330 1,456 70
I.R.Iran       3,140 3,140 3,217 na 3,184 na 3,490 3,340 3,600 3,600 3,942 140
Iraq           3,140 3,140 - na 505 na 500 400 400 1,200 1,314 -
Kuwait         1,500 1,500 - na 812 na 1,500 1,600 2,000 2,000 2,190 125
S.P.Libyan AJ  1,233 1,233 1,425 na 1,395 na 1,409 1,350 1,390 1,390 1,522 80
Nigeria        1,611 1,611 1,840 na 1,751 na 1,857 1,780 1,865 1,865 2,042 125
Qatar          371 371 399 na 377 na 380 364 378 378 414 30
Saudi Arabia   5,380 5,380 8,034 na 7,887 na 8,395 8,000 8,000 8,000 8,761 300
U.A.E.         1,095 1,500 2,320 na 2,244 na 2,260 2,161 2,161 2,161 2,366 125
Venezuela      1,945 1,945 2,235 na 2,147 na 2,360 2,257 2,359 Jun06 Jan07 Jul00
OPEC 21,616 22,021 21,740 23,650 22,436 24,200 24,289 23,301 24,233 25,033 27,500  
OPEC excl. Iraq                       1,245
TARGET                       25,742
Notes: Totals may not add up due to independent rounding.       -   No production level allocated.       na No distribution made.     * Includes Ecuador and Gabon.     # OPEC excl. IR Iran and Iraq. 
Text Box: Notes on Member Countries' Crude Oil Production Allocations (1000 b/d) Agreed at the: 1/ 63rd(Extraordinary) Meeting of the OPEC Conference, March 19-20, 1982. 2/ 67th(Extraordinary) Meeting of the OPEC Conference, March 14, 1983.No production level allocated to Saudi Arabia which will act as the swing producer. Venezuela: 1.7 mbd including condensates.Nigeria: At the 70th Meeting of the OPEC Conference, July 10-11, 1984 a temporary production rise to 1.4 mb/d and 1.45 mb/d in Aug84 and Sep84 respectively was decided. 3/ 71st(Extraordinary) Meeting of the OPEC Conference, October 29-31, 1984. Retained at the 75th (Extraordinary)Meeting of the OPEC Conference, October 4, 1985. 4/ 78th Meeting of the OPEC Conference, June 25-30, 1986 and July 28 to August 5, 1986, with the exception of Iraq. 5/ 79th(Extraordinary) Meeting of the OPEC Conference, October 6-22, 1986, with the exception of Iraq. 6/ 79th(Extraordinary) Meeting of the OPEC Conference, October 6-22, 1986, with the exception of Iraq. 7/ 80th Meeting of the OPEC Conference, December 11-20, 1986. 8/ 81st Meeting of the OPEC Conference, June 25-27, 1987. 9/ 82nd Meeting of the OPEC Conference, December 9-14, 1987, with the exception of Iraq. Extented at the 83rd Meeting of the OPEC Conference, June 11-14, 1988, with the exception of Iraq. 10/ 84th Meeting of the OPEC Conference, November 21-28, 1988. 11/ 85th Meeting of the OPEC Conference, June 5-7, 1989. 12/ 3rd Meeting of the Eight-Minister Monitoring Committee, September 23-27, 1989. 13/ 86th Meeting of the OPEC Conference, November 25-28, 1989. 14/ 87th Meeting of the OPEC Conference, July 26-27, 1990. Sep00-Mar01: Oil Ministers' informal consultations and 1st Ministerial Minitoring Committee, August 26-29, 1990 (Interim course of action;OPEC shall consequently increase production in accordance with need). Retained August 1990 agreement at the 88th Meeting of the OPEC Conference, December 12-13, 1990. 15/ 3rd Meeting of the Ministerial Monitoring Committee, March 11-12, 1991. Reservations were made by Algeria and I.R.Iran to the total OPEC production level. Reiterated without reservations at the 89th Meeting of the OPEC Conference, June 4, 1991. 16/ 4th Meeting of the Ministerial Monitoring Committee, September 24-25, 1991. Retained at the 90th Meeting of the Conference, November 26-27, 1991. 17/ 6th Meeting of the Ministerial Monitoring Committee, February 12-15, 1992. Reservations were made by I.R.Iran to the total OPEC production level and by Saudi Arabia to their allocated prod.level. Rollover (inclusive the reservations) at the 91st Meeting of the OPEC Conference, May 21-22, 1992. The Conference also decided to allow any additional production from Kuwait. 18/ 9th Meeting of the Ministerial Monitoring Committee, September 16-17, 1992. Reaffirmed to allow for any additional production from Kuwait. 19/ 92nd Meeting of the OPEC Conference, November 25-27, 1992 with full support of Member Countries, except Iraq and the allowance of additional volumes to Kuwait as they become available during the 1Q93. 20/ 10th Meeting of the Ministerial Monitoring Committee, February 13-16, 1993 with full support of Member Countries, except Iraq. Rollover of this agreement at the 93rd Meeting of the OPEC Conference, June 8-10, 1993 with full support of Member Countries, except Iraq and Kuwait. 21/ 94th(Extraordinary) Meeting of the OPEC Conference, September 25-29, 1993 with full support of Member Countries, except Iraq. Maintained at the 12th Meeting of the Ministerial Monitoring Committee, March 25-26, 1994 with full support of Member Countries, except Iraq. Maintained at the 97th, 98th and 99th Meeting of the OPEC Conference, November 21- 22,1994, June 19-20, 1995 and November 21-22, 1995, respectively. 22/ 100th Meeting of the OPEC Conference, June 5-7, 1996. The remaining volume of 1.2 mb/d is to be supplied by Iraq. Rollover of the agreement at the 101st and the 102nd Meeting of the OPEC Conference, November 27-28, 1996 and June 25-26, 1997, respectively. 23/ 103rd Meeting of the OPEC Conference, November 26- December 1, 1997. The remaining volume of 1.31408 mb/d is to be supplied by Iraq. 24/ 104th Meeting (Extraordinary) of the OPEC Conference, March 30, 1998. Data reflect temporary production cuts from OPEC excl. Iraq production in Feb98 (26.987 mbd) as reported by selected secondary sources. Iraq is not called upon to participate in this agreement.
                   
  Jul98- Mar99 Apr99- Mar00  Apr00- Jun00 Jul00-  Sep00 1 Oct00- 30Oct00  31 Oct00- Jan01 Feb01-  Mar01 Apr01-  Aug01 Sep01- Dec01 Jan02- Dec02 3-Jan Feb03- May03
  25/ 26/ 27/ 28/ 29/ 30/ 31/ 32/ 33/ 34/ 35/ 36/
Algeria        788 731 788 811 837 853 805 773 741 693 735 782
Indonesia      1,280 1,187 1,280 1,317 1,359 1,385 1,307 1,255 1,203 1,125 1,192 1,270
I.R.Iran       3,318 3,359 - 3,727 3,844 3,917 3,698 3,552 3,406 3,186 3,377 3,597
Iraq           - - - - - - - - - - - -
Kuwait         1,980 1,836 1,980   2,101 2,141 2,021 1,941 1,861 1,741 1,845 1,966
S.P.Libyan AJ  1,323 1,227 1,323 1,361 1,404 1,431 1,350 1,296 1,242 1,162 1,232 1,312
Nigeria        2,033 1,885 2,033 2,091 2,157 2,198 2,075 1,993 1,911 1,787 1,894 2,018
Qatar          640 593 640 658 679 692 653 627 601 562 596 635
Saudi Arabia   8,023 7,438 8,023 8,253 8,512 8,674 8,189 7,865 7,541 7,053 7,476 7,963
U.A.E.         2,157 2,000 2,157 2,219 2,289 2,333 2,201 2,113 2,025 1,894 2,007 2,138
Venezuela      2,845 2,720 2,845 2,926 3,019 3,077 2,902 2,786 2,670 2,497 2,647 2,819
OPEC                        
OPEC excl. Iraq 24,387 22,976 21,069 # 25,400 26,200 26,700 25,201 24,201 23,201 21,700 23,000 24,500
                   
  Jun03- Oct03 Nov03- Mar04 Apr04- Jun04 Jul08 Aug04- Oct04 1 Nov04-
16 Mar05		 17 Mar05- 30 Jun05 Jul05- Oct06 Nov06- Jan07 Feb07- Oct07 Nov07-
  37/ 38/ 39/ 40/ 41/ 42/ 43/ 44/ 45/ 46/ 47/
Algeria        811 782 750 814 830 862 878 894 59 25 na
Angola                 - -  
Indonesia      1,317 1,270 1,218 1,322 1,347 1,399 1,425 1,451 39 16 na
I.R.Iran       3,729 3,597 3,450 3,744 3,817 3,964 4,037 4,110 176 73 na
Iraq           - - - - - - - - - -  
Kuwait         2,038 1,966 1,886 2,046 2,087 2,167 2,207 2,247 100 42 na
S.P.Libyan AJ  1,360 1,312 1,258 1,365 1,392 1,446 1,473 1,500 72 30 na
Nigeria        2,092 2,018 1,936 2,101 2,142 2,224 2,265 2,306 100 42 na
Qatar          658 635 609 661 674 700 713 726 35 15 na
Saudi Arabia   8,256 7,963 7,638 8,288 8,450 8,775 8,937 9,099 380 158 na
U.A.E.         2,217 2,138 2,051 2,225 2,269 2,356 2,400 2,444 101 42 na
Venezuela      2,923 2,819 2,704 2,934 2,992 3,107 3,165 3,223 138 57 na
OPEC excl. Angola & Iraq 25,400 24,500 23,500 25,500 26,000 27,000 27,500 28,000 1,200 500 500
TARGET                 26,300 25,800 27,253
                         
Text Box: 25/ 105th Meeting of the OPEC Conference, June 24, 1998. Iraq is not called upon to participate in this agreement. 26/ 107th Meeting of the OPEC Conference, March 23, 1999. Reaffirmed strong commitment to the agreement at the 108th Meeting of the OPEC Conference, September 22, 1999. Iraq is not called upon to participate in this agreement. 27/ 109th Meeting of the OPEC Conference, March 27-29, 2000. Agreement of nine Member Countries. 28/ 110th(Extraordinary) Meeting of the OPEC Conference, June 21, 2000. Iraq is not called upon to participate in this agreement. 29/ 111th Meeting of the OPEC Conference, September 10-11, 2000. Iraq is not called upon to participate in this agreement. 30/ 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. 31/ 113th (Extraordinary) Meeting of the OPEC Conference, January 17, 2001. Iraq is not called upon to participate in this agreement. 32/ 114th Meeting of the OPEC Conference, March 16-17, 2001. Retained at the 115th(Extraordinary) & 116th(Extraordinary) Meeting of the OPEC Conference, June 5 and July 3, 2001, respectively. Iraq is not called upon to participate in this agreement. 33/ OPEC Conference, July 25, 2001. Retained at the 117th Meeting of the OPEC Conference, September 26-27,2001. Iraq is not called upon to participate in this agreement. 34/ 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. Retained at the 119th(Extraordinary), 120th(Extraordinary) and 121st Meeting of the OPEC Conference March 15, June 26 and Sep 19, 2002, respectively. Iraq is not called upon to participate in this agreement. 35/ 122th (Extraordinary) Meeting of the OPEC Conference, December 12, 2002. Iraq is not called upon to participate in this agreement. 36/ 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. 37/ 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. 38/ 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. 39/ 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. 40/ 131st(Extraordinary) Meeting of the OPEC Conference, June 3, 2004. Iraq is not called upon to participate in this agreement. 41/ 131st(Extraordinary) Meeting of the OPEC Conference, June 3, 2004. Iraq is not called upon to participate in this agreement. 42/ 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, December 10, 2004, 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. 43/ 135th Meeting of the OPEC Conference, March 16, 2005. Iraq is not called upon to participate in this agreement. The President of the Conference is authorized, after consultation with fellow Heads of Delegation, to announce an additional 500 tb/d increase, until its next Meeting, if prices remain at current high levels or continue to further rise. 44/ 136th (Extraordinary) Meeting of the OPEC Conference, June 15, 2005. Iraq is not called upon to participate in this agreement. The President of the Conference is authorized, after consultation with fellow Heads of Delegation, to announce an additional 500 tb/d increase, until its next Meeting, if prices remain at current high levels or continue to further rise.The 137th OPEC Conference , September 20, 2005 agreed to make available to the market the spare capacity of 2mb/d, should it be called for, for a period of 3 months, starting October 1, 2005. The 138th (12 Dec05), the 139th (31 Jan06) Extraord., the 140th (8 Mar06) and the 141st Extraord.(1 Jun06) Conference retained OPEC-10 production level of 28.0 md/d as agreed on June 15, 2005. 45/ Consultative Meeting of the OPEC Conference, 19-20 October 2006. Data reflect interim production cuts from OPEC excl. Iraq production in Sep06 (27.5 mb/d) to achieve 26.3 mb/d. Iraq is not called upon to participate in this agreement. 46/ 143rd (Extraordinary) Meeting of the OPEC Conference, 14 December 2006. Data reflect a further production cut (to achieve 25.8 mb/d) to the decision taken in Doha, 19-20 October 2006. Iraq is not called upon to participate in this agreement. 47/ 145th Meeting of the OPEC Conference, 11 September 2007. Angola and Iraq are not called upon to participate in this agreement. Data reflect production increase of 500 tbd for OPEC excl. Angola and Iraq to achieve 27.253 mb/d.