Monday, December 21, 2009

Consensus is not to change output: OPEC

LUANDA: OPEC's secretary general says there is a consensus among members of the oil-producing bloc not to adjust its production targets when it meets Tuesday.

OPEC Secretary General Abdalla Salem el-Badri also says any potential change in 2010 is "not on our radar" for now.

The 12-member Organization of the Petroleum Exporting Countries is meeting in the Angolan capital, Luanda. Several member countries have said the group doesn't plan to change oil production targets that were put in place a year ago.

When asked about Tuesday's meeting, el-Badri told reporters "There is a consensus that there is no change."

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