OPEC OFFICIAL EXPECTS NO MIRACLES AT SEPTEMBER MEETING IN VENEZUELA

OPEC OFFICIAL EXPECTS NO MIRACLES AT SEPTEMBER MEETING IN VENEZUELA

OPEC Secretary General Rilwanu Lukman doesn't expect the scheduled Sept. 25-26 meeting between OPEC and non-OPEC oil producers to yield any ''miracles," but says it will be a chance for members to discuss matters of mutual interest.

Mr. Lukman, in an interview published by the Arabic-language daily Al- Hayat, said that the meeting in Venezuela will give producers the chance to continue a dialogue on how to ensure a stable oil market.But Mr. Lukman said he expects no "miracles" or breakthroughs on increased cooperation between the Organization of Petroleum Exporting Countries and non-OPEC producers.

Mr. Lukman sidestepped questions over whether OPEC would be forced to lower its 24.52 million barrel-per-day ceiling in 1996 when the ministers meet in Vienna in November, in light of lower demand expectations.

Mr. Lukman said the ministers would consider what to do about the ceiling in 1996 when they meet to discuss supply-demand fundamentals.

''It is too early to say . . . (But) we are committed to preserving stability in the oil market and achieving a balance between demand and supply," Mr. Lukman said, according to Al-Hayat.

Mr. Lukman also insisted that OPEC had not ignored the issue of how to handle the return of Iraq's production once U.N. sanctions were lifted, saying the problem was in every country's thinking.

On another issue, Mr. Lukman said he was continuing his discussions and efforts to ensure that OPEC member Gabon remain in the organization. No solution on how to satisfy Gabon's request for lower membership fees has been found however, he said.