	kuwait says no plans for emergency opec talks kuwait s oil minister in remarks published today said there were no plans for an emergency opec meeting to review oil policies after recent weakness in world oil prices sheikh ali al khalifa al sabah was quoted by the local daily al qabas as saying none of the opec members has asked for such a meeting he denied kuwait was pumping above its quota of barrels of  daily bpd set under self imposed production limits of the nation organisation traders and analysts in international oil markets estimate opec is producing up to one mln bpd above a ceiling of mln bpd agreed in geneva last december they named kuwait and the united arab emirates along with the much smaller producer ecuador among those producing above quota kuwait they said was pumping mln bpd this rumour is baseless it is based on reports which said kuwait has the ability to exceed its share they suppose that because kuwait has the ability it will do so the minister said sheikh ali has said before that kuwait had the ability to produce up to mln bpd if we can sell more than our quota at official prices while some countries are suffering difficulties marketing their share it means we in kuwait are unusually clever he said he was referring apparently to the gulf state of qatar which industry sources said was selling less than bpd of its bpd quota because buyers were resisting official prices restored by opec last month pegged to a marker of dlrs per barrel prices in new york last week dropped to their lowest levels this year and almost three dollars below a three month high of dollars a barrel sheikh ali also delivered a challenge to any international oil company that declared kuwait sold below official prices because it was charging its official price of dlrs a barrel it had lost custom he said but did not elaborate however kuwait had guaranteed markets for its oil because of its local and international refining facilities and its own distribution network abroad he added he reaffirmed that the planned meeting march of opec s differentials committee has been postponed until the start of april at the request of certain of the body s members ecuador s deputy energy minister fernando santos alvite said last wednesday his debt burdened country wanted opec to assign a lower official price for its  and was to seek this at talks this month of opec s pricing committee referring to pressure by oil companies on opec members in apparent reference to difficulties faced by qatar he said we expected such pressure it will continue through march and april but he expected the situation would later improve reuter 
