The diverse interests among OPEC members, seen in the varying responses to membership offers and production quotas, may pose a threat to the organization's unity and survival.
With the adjustment, OPEC acknowledged that some members, such as Iraq, Nigeria, and Angola simply do not have the production capacity to produce as much as their original quotas called for. So, these quotas were adjusted accordingly, reflecting, incidentally, these OPEC members' troubles in attracting foreign capital, on which they depend for developing their hydrocarbon resources.
In other words, some OPEC members may be struggling to even maintain production, but others are boosting their spare capacity because they can afford to do it. According to Ghaddar, this could widen the gap between Gulf members—perhaps excluding Iraq—and African members such as Nigeria and Angola. Nigeria has complained about the quotas on more than one occasion, even if it cannot reach them. So has the UAE, which is a Gulf member—a member of the dominant group in OPEC. For now, membership of OPEC and the power to dictate world prices has kept the group together, but what happens when world prices stop responding?
This state of affairs must be a source of frustration in the group, as are analyst expectations that these cuts, per , "will do little to shift bearish sentiment in a market that is consumed with pessimism about the prospects for oil demand growth in the second half of the year".
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