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To: The Ox who wrote (94397)	11/13/2001 9:54:24 PM
From: The Ox	Read Replies (1) \| Respond to of 95453

Vienna (Platts)--13Nov2001 OPEC ministers arriving in Vienna Nov 13 a day ahead of the cartel's meeting appeared to be in agreement on the need for their fourth crude output cut this year. Some ministers, however, were insistent that the size of any new cut should be linked to the volume of contributions from non-OPEC producers, which so far stand at just 30,000 b/d from Russia, the world's second-largest producer after Saudi Arabia. "There is a consensus to do something but not on a figure," OPEC secretary-general Ali Rodriguez told reporters. Iranian oil minister Bijan Zanganeh said the group's output monitoring committee would recommend a total OPEC/non-OPEC cut of over 1-mil b/d to the formal OPEC conference. He said the committee had decided on a specific size for the recommendation, but did not disclose it. Earlier Tuesday Zanganeh stressed that the size of any OPEC cut should be linked to the volume of contributions from independent producers. "I believe a cut should be subject to non-OPEC contributions and we expect our friends in non-OPEC producers to help us," Zanganeh said. Asked whether OPEC had set a minimum volume it wanted to see from non-OPEC producers, Zanganeh said: "No...but we expect them to contribute them with us seriously." Platts understands that Iran would like to defer the start of any cut until the beginning of January, to give more time to gauge the level of contributions from non-OPEC countries. But sources with non-OPEC producers have also expressed concern about the level of OPEC compliance with its output targets.