Oil output boost not on OPEC agenda: Qatar

0 Comments | AFP, December, 2007

DOHA (AFP) — OPEC ministers will not discuss raising the oil cartel's production ceiling when they meet in Abu Dhabi on Wednesday, Qatari Energy Minister Abdullah al-Attiyah said on Saturday.

When asked by AFP if an output increase was on the meeting's agenda, Attiyah said: "No."

The head of the International Energy Agency (IEA), Nobuo Tanaka, had appealed on Thursday for an output increase by OPEC members.

"Some additional production is necessary," said Tanaka, whose agency seeks to coordinate the energy policies of some of the world's leading industrialised nations.

In a report published on November 13, the IEA suggested that an additional 900,000 barrels a day would be needed from the Organisation of Petroleum Exporting Countries in the fourth...