Edmund Daukoru Capacity Quotations

We are so far from worrying about quotas, ... I think for now OPEC will be happy for any member who has the capacity to produce.

We will collectively make a pledge to have the spare capacity available if needed, but I don't believe it is needed,

We have a consensus that we want to put before the conference. We want to share the availability of the spare capacity with the market,

The talk of an increase is mainly to give comfort to the market. It is refining capacity we have to worry about.

By June we should be looking at modestly another half a million barrels of capacity a day.

The market is well supplied - actually it is in balance. After Katrina, everybody offered crude but the refining capacity was not there to cope with it.