opec crude oil production (MEES ESTIMATES)

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Updated 14 April 2008

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OPEC Crude Oil Production March 2008 - March 2007 (MEES Estimates – ‘000 B/D)

 

2008

2007

 

Quota

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Algeria

1,357

1,390

1,380

1,380

1390

1,390

1,380

1,380

1,380

1,370

1,370

1,360

1,340

1,330

Angola

1,900

1,810

1,850

1,820

1780

1,780

1,730

1,710

1,670

1,650

1,620

1,610

1,600

1,600

Indonesia

0,865

870

860

830

840

830

830

840

840

840

840

850

840

850

Iran

3,817

4,010

3,850

4,070

3,820

3,930

4,380

3,820

3,850

3,920

3,900

3,810

4,170

4,430

Iraq

na

2,520

2,350

2,020

2,590

2,390

2,270

2,130

1,950

2,100

1,950

2,000

2,040

2,000

Kuwait*

2,531

2,510

2,550

2,550

2,520

2,520

2,470

2,450

2,450

2,420

2,420

2,450

2,420

2,400

Libya

1,712

1,790

1,790

1,790

1,780

1,780

1,770

1,770

1,770

1,750

1,740

1,760

1,690

1,690

Nigeria

2,163

2,100

2,050

2,100

2,150

2,200

2,190

2,180

2,200

2,170

2,100

2,050

2,200

2,100

Qatar

828

870

860

850

880

890

820

820

820

820

800

800

800

790

S Arabia*

8,943

9,100

9,200

9,220

9,180

9,050

8,820

8,720

8,680

8,600

8,600

8,560

8,500

8,500

UAE

2,567

2,550

2,600

2,550

2,480

2,150

2,550

2,510

2,550

2,550

2,550

2,550

2,520

2,520

Venezuela

2,470

2,390

2,390

2,400

2410

2,420

2,420

2,420

2,420

2,400

2,420

2,400

2,400

2,420

Ecuador

520

500

490

510

510

 

 

 

 

 

 

 

 

 

Total

 

32,410

32,220

32,090

32,330

31,330

31,630

30,750

30,580

30,590

30,310

30,200

30,520

30,630

OPEC 12**

29,673

29,890

29,870

30,070

27,450

271,760

27,630

26,910

26,960

26,840

26,740

26,590

26,880

27,030

 

Note:  Qatar revised up from November, Libya shifted down from November, UAE adjusted up in February.

The quotas were published after the 11 September 2007 OPEC meeting and subsequently withdrawn.

*     Includes 50% share of Neutral Zone output, which averaged 530,000 b/d in March, unchanged from the past few months.

**  Prior to January 2008 this figure refers to OPEC 10 (both OPEC 12 and OPEC 10 exclude Iraq).