	ecuador to produce above opec quota minister ecuador will produce  oil in excess of its bpd opec quota during the second half of this year energy minister fernando santos alvite told a news conference ecuador plans to produce bpd in august rising to bpd next january the minister said we will be producing more than the quota to pay off the  and products we have been lent by venezuela nigeria and kuwait and to compensate for the  we have been unable to produce during the past few months he said earthquake damage to a pipeline sharply cut ecuadorean production from march to may this year santos said the move had been explained to fellow opec members during last week s meeting in vienna when an increase in ecuador s quota to bpd from was approved they understood our position and we believe we remain within the spirit of the quota agreement he said immediately before the march quake ecuadorean production was bpd with bpd exported while its production was down venezuela nigeria and kuwait loaned ecuador a total mln barrels of  and four mln barrels of products santos said reuter 
