Oct 29, 2001, 12:01 AM
News Code: 9033246
0 Persons
range price change to plan no has OPEC says Zanganeh here said Zanganeh Namdar Bijan Minister Oil -- IRNA 29, Oct Tehran, the change to proposal no made have members OPEC the that Monday on .prices target (22-28 dlrs) Oil, on Conference Eleventh the of ceremony inaugural the told He Petroleum of Organization the that Zanganeh Petrochemicals, and Gas countries non-OPEC from experts hosting is (OPEC) Countries Exporting forward put and situation market the study to today Vienna in .prices oil crude the of stability for proposals reaching in succeeded producers non-OPEC and OPEC if that said He step a be would it oil, crude of demand and supply on agreement an .making decision future to forward and members OPEC the over prevails consensus that said Zanganeh .solidarity developed have states member the that condition on practical, be will OPEC by made decision Any" the on regulation market the impose to not countries non-OPEC the .said minister oil Iranian the "OPEC, in OPEC with cooperate should countries non-OPEC the that said He .stability market up prop to endeavors its discussion any made not have members OPEC that said also Zanganeh .yet cut output of topic the on producers non-OPEC and OPEC that such is situation market The" to cooperate should groups two The .storm a during ship a boarded have .said Zanganeh "storm, current the overcome by output trimming of mechanism automatic OPEC's about Asked 22-28 dlrs of range price the beyond go prices oil when bpd 500,000 was mechanism the that said Zanganeh days, working consecutive 20 for situation current the but, circumstances, ordinary under effective has market the attacks, terrorist 11 September the after especially special for calls said, he This, .unpredictable and abnormal become .measures to 14 November on Vienna in meeting a hold will OPEC that said He .case the study states, member OPEC by violations quota possible about Asked quota that indicated estimates preliminary that said Zanganeh OPEC and September with compared October in decreased have violations .quota output their to commitment more exercised have produces or percent, 7.3 pumped OPEC show estimates preliminary October, In .Iraq excluding members, 10 for bpd million 2.23 above bpd 850,000 oil the up shoring on focus will OPEC meeting, 14 November the At economy global the as mid-September since percent 25 by down prices, .attacks terrorist 11 September of wake the in down slowed has year this supplies world from bpd million 5.3 cut already has OPEC .range target its within steady prices keep to SS/AH End