Edmund Daukoru Capacity Quotations

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

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

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.

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

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 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.