We present a study of the oxygen abundance relative to hydrogen in the equa
torial streamer belt of the solar corona during the recent period of activi
ty minimum. The oxygen abundance is derived from the spectroscopic observat
ions of the outer corona performed during 1996 with the Ultraviolet Coronag
raph Spectrometer (SOHO) in the ultraviolet region. This study shows that t
he depletion of oxygen, by almost one order of magnitude with respect to th
e photospheric values, found in the inner part of streamers by Raymond et a
l. (1997a) is a common feature of the solar minimum streamer belt, which ex
hibits an abundance structure with the following characteristics. In the co
re of streamers the oxygen abundance is 1.3x10(-4) at 1.5 R-circle dot, the
n it drops to 0.8 x 10(-4) at 1.7 R-circle dot, value which remains almost
constant out to 2.2 R-circle dot. In the lateral bright structures that are
observed to surround the core of streamers in the oxygen emission, the oxy
gen abundance drops monotonically with heliodistance, from 3.5 x 10(-4) at
1.5 R-circle dot to 2.2 x 10(-4) at 2.2 R-circle dot. The oxygen abundance
structure found in the streamer belt is consistent with the model of magnet
ic topology of streamers proposed by Noci et al. (1997). The composition of
the plasma contained in streamers is not the same as observed in the slow
solar wind. Even in the lateral branches, richer in oxygen, at 2.2 R-circle
dot the abundance drops by a factor 2 with respect to the slow wind plasma
observed with Ulysses during the declining phase of the solar cycle. Hence
the slow wind does not appear to originate primarily from streamers, with
the exception perhaps of the plasma flowing along the heliospheric current
sheet.