AUSTRIA: OPEC IS DELAYING ANNOUNCING A CHANGE IN ITS OIL OUTPUT LIMITS AS IT WANTS NON-OPEC MEMBERS TO CONTRIBUTE TO A FINAL STATEMENT

Record ID: 344931

  • Title: AUSTRIA: OPEC IS DELAYING ANNOUNCING A CHANGE IN ITS OIL OUTPUT LIMITS AS IT WANTS NON-OPEC MEMBERS TO CONTRIBUTE TO A FINAL STATEMENT
  • Date: 26th September 2001
  • Summary: (U7)VIENNA, AUSTRIA (SEPTEMBER 26) (REUTERS - ACCESS ALL) 1. MV JOURNALISTS AND SECURITY IN FRONT OF INTERCONTINENTAL HOTEL 0.04 2. SV GUARD WITH MACHINE-GUN 0.12 3. VARIOUS OF VENEZUELA OIL MINISTER ALVARO SILVA CALDERON WALKING IN HOTEL LOBBY AFTER MINISTERS MEETING IN HOTEL SUITE, SURROUNDED BY JOURNALISTS (2 SHOTS) 0.26 4. SV IRAN OIL MINISTER BIJAN NAMDAR ZANGENEH WALKING IN LOBBY, SURROUNDED BY JOURNALISTS AND SECURITY, GREAT CONFUSION CREATED 0.44 5. MV UNIDENTIFIED MINISTER (?) WALKING OUT OF HOTEL SURROUNDED BY SECURITY AND JOURNALITS (2 SHOTS) 0.58 5. MV CAMERAMAN AND ANOTHER JOURNALIST FALLING/ PUSHED BY HUGE CROWD OF JOURNALISTS, CAMERAMAN LYING ON FLOOR 1.08 6. MV ALGERIA OIL MINISTER AND OPEC PRESIDENT CHAKIB KHELIL WALKING OUT OF HOTEL SURROUNDED BY SECURITY AND JOURNALISTS 1.23 7. MV CROWD OF JOURNALISTS AROUND MINISTER'S CAR 1.33 8. MV ARMED GUARDS IN FRONT OF OPEC HEADQUARTERS 1.38 9. MVS UNITED ARAB EMIRATES OIL MINISTER OBAID BIN SAIF AL-NASSERI ARRIVING FOR TALKS WITH NON-OPEC COUNTRIES (2 SHOTS) 1.54 10. MV VENEZUELA OIL MINISTER ALVARO SILVA CALDERON ARRIVING FOR MEETING WITH NON-OPEC COUNTRIES 2.05 11. MV SAME UNIDENTIFIED MAN SA SEQ. 5 WALKING INTO BUILDING 2.14 12. MV PRESIDENT OF OPEC AND ALGERIA OIL MINISTER CHAKIB KHELIL WALKING INTO OPEC HQ 2.22 12. MV SAUDI ARABIA OIL MINISTER ALI NAIMI (LEFT) AND QATAR OIL MINISTER ABDULLAH AL ATTIYAH (RIGHT) WALKING TOGETHER TOWARDS OPEC HQ ENTRANCE 2.49 13. MV SECURITY OUTSIDE BUILDING 2.53 14. NIGHT SHOT TILT UP OPEC HQ (WITH LOGO) 2.59 15. VARIOUS OF MINISTERS LEAVING HEADQUARTERS (7 SHOTS) 3.42 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 11th October 2001 13:00
  • Keywords:
  • Location: VIENNA, AUSTRIA
  • Country: Austria
  • Reuters ID: LVAJNJN113QFK67JEQIDKAPPLSZ
  • Story Text: OPEC is delaying an announcement until Thursday on
    change in its oil output limits, because it wants non-OPEC
    countries, who have observer status, to contribute to a final
    statement.



    Opec's closed session talks at Vienna Intercontinental
    hotel broke up on Wednesday (September 26) afternoon for the
    cartel to meet representatives of eight non-OPEC producers
    that include Russia and Mexico.

    They met until late on Wednesday at OPEC Headquarters, but
    declined to give further details of the talks.

    But some delegates said that, at the earlier short session
    of informal talks in the hotel suite of cartel president
    Chakib Khelil, ministers had agreed to keep oil output limits
    unchanged, ruling out bigger curbs that might have risked
    deepening the world's economic downturn by raising the cost of
    energy supplies.

    Powerless to prevent this week's heavy slump in crude
    prices, the Organisation of the Petroleum Exporting Countries
    is reeling from the economic aftershock of the September 11
    attacks in the United States.

    - OPEC will reconvene its meeting at 1400 local (1200 GMT) on
    Thursday (September 27).

    (tw/jd/lh)
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