	venezuela to lend oil to ecuador for export venezuela will supply ecuador with an as yet undetermined amount of  oil to help it meet export commitments seriously affected by last week s earthquake energy and mines minister arturo hernandez grisanti said he gave few details about the deal but said a  oil loan agreement will be made between state oil companies petroleos de venezuela pdvsa and ecuador s cepe ecuador was forced to suspend oil exports for an expected four months after an earthquake damaged a pipeline oil accounts for per cent of its export income hernandez was speaking to reporters at miraflores palace on the results of talks with ecuador s deputy energy minister fernando santos alvite who arrived here last night the volume lent to ecuador would be discounted from its opec quota and would not affect venezuela s he said we would from august on produce our own quota and sell the additional amounts that ecuador would be repaying us he said he did not elaborate on the quota arrangements but did say ecuador would notify opec by telex that venezuela would be lending it a certain amount over so many days venezuela s opec output quota is currently million barrels a day and ecuador s has been set at bpd reuter 
