Resolution of the 138th (Extraordinary) Meeting of the OPEC Conference

No 1/2006
Vienna, Austria
12 Jan 2006

The 138th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries, held in Kuwait, on December 12, 2005, adopted the following Resolution, which, in accordance with customary procedures, has been ratified by the Member Countries and is issued herewith:

Resolution No 138.421

The Conference,

upon the recommendation of the Board of Governors,

in accordance with the Statute and the Financial Regulations,

approves,

1. The Budget for the year 2006, totalling €20,900,000.
2. That the contribution payable by each Member Country shall be €1,900,000, payable in one instalment not later than March 31, 2006.

Done in Kuwait, this twelfth day of December 2005.

Head of the Delegation of
Algeria
Dr Chakib Khelil

Head of the Delegation of
Indonesia
Dr Purnomo Yusgiantoro

Head of the Delegation of
Islamic Republic of Iran
Sayed Kazem Vaziri Hamaneh

Head of the Delegation of
Iraq
Dr Ibrahim Bahr Alolom

Head of the Delegation of
Kuwait
Sheikh Ahmad Fahad Al-Ahmad Al-Sabah

Head of the Delegation of
the Socialist People’s Libyan Arab
Jamahiriya
Dr Fathi Hamed Ben Shatwan

Head of the Delegation of
Nigeria
Dr Edmund M. Daukoru

Head of the Delegation of
Qatar
Abdullah bin Hamad Al Attiyah

Head of the Delegation of
Saudi Arabia
Ali I. Naimi

Head of the Delegation of
United Arab Emirates
Mohamed Bin Dhaen Al Hamli

Head of the Delegation of
Venezuela
Rafael Ramírez