"We have not yet decided whether to propose an increase in production or maintain [current] quotas...There is no communication between OPEC ministers yet. But it's real that the oil price is fluctuating now at $70/b...up and down."
Indonesia wants OPEC to stabilize the price of oil below $70/barrel, the country's oil minister, Purnomo Yusgiantoro, said Monday.

"We agreed on a road map which was about two weeks ago when we met. The stage we are now at is that we are setting up a joint implementation committee that will monitor the implementation of the road map that we have arrived at. One of the issues {in implementing the agreement} is that there should be total suspension of kidnappings for a certain period, and within that period, for government to take certain measures and certain steps."
Nigerian President Umar Yar'Adua Sunday said that his government had agreed on a "road map" with militia groups that will end the crisis in the country's main oil producing Niger Delta region.

Updated: September 3, 2007