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          <lang class="3" style="Headline" font="Patrika18" fontStyle="Bold" size="15">Kuwait ready to reclaim its pre-war status in OPEC 
</lang>
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      <p style=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">BRUSSELS, Belgium, June 5: Tiny Kuwait, its oil industry rebuilt after the Persian Gulf War, is ready to try again to reclaim its pre-war status in OPEC, reports AP.
</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">The emirate, rebounding from the damage caused by the Iraqi invasion tn 1990, will renew demands to pump more crude oil at a cartel meeting opening Tuesday In Geneva</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">A rebuff earlier in the year by the Organization of Petroleum Exporting Countries appears to have strengthened the producer's resolve to fight for a higher oil output quota.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">"Kuwait really feels it's Justi -fled In seeking that extra production," said Peter Bogin, Associate Director for oil markets at Cambridge Energy Research Associates in Parts. "They're going to go after ft in a big way."</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Kuwaiti OU Minister All al-Baghll wants the cartel to let his country pump two million barrels of crude a day in the summer, up 400.000 barrels from Its current limit</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Al-Baghll's insistence — although unsuccessful in the end — on a higher allotment at the group's last meeting 1n February snarled the bargaining for days.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">"This time it could be worse," said Vahan Zanoyan, senior director of the Petroleum Finance Co in Washington</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">"Kuwaitis, he said, "feel they were promised that their case would be dealt with" at the upcoming meeting. "If there is resistance, they're going to light back.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Even so, analysts doubt Kuwait will get all the barrels it</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">They predict the cartel will bump Its current production celling of 23.6 million barrels a day up several hundred thousand barrels In the July-September period. Demand is forecast at about 24.2 million barrels a day then.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Demand for the group's oil tends to rise in summer when consumers in the United States and Europe gas up their cars for vacation driving.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">In February, the dozen OPEC nations agreed to remove 1.7 million barrels of oil a day from the glutted markets to keep crude prices from crashing In spring when demand normally falls.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">The producers have reduced output by more than a million barrels a day, pumping an estimated 24.1 million barrels a day at the end of April, according to the International Energy Agency.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">In doing so. they have prevented a price collapse, although the average price of an OPEC marker Is more than three dollar a barrel under the target of 21 dollar per 42-gallon</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">barrel.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">In the February accord, Kuwait agreed for the first time since the Gulf War to cap its oil output.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Its officials had pleaded for an exemption from production cuts, saying the emirate needed to pump as much as possible to earn money to pay off 50 billion dollar in costs for the war and reconstruction.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Al Baghll claimed after the last meeting that the others promised he would be given a big increase in production in the summer. But others said no such deal was made.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Kuwait would like to be even with the United Arab Emirates, which has an output limit of 2.2 million barrels a day tn spring. Kuwait was pumping some two million barrels a day before the Gulf crisis.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Its wartime enemy. Iraq, once a giant oil producer, has been barred by International sanctions from exporting crude since Its occupation of Kuwait.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">OPEC nations, heavily dependent on oil revenues to fuel their economies, generally want to earn as much money as they can from oil sales.</lang>
      </p>
      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Saudi Arabia, the world’s No one crude producer and the cartel's most Influential member. tends to favour moderate prices and often works to keep others from giving them a sharp push </lang>
      </p>
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