OPEC oil output in August rises 60,000 bpd: survey

LONDON, Sep 5 (Reuters) OPEC oil output rose by 60,000 barrels per day (bpd) last month led by higher supply from Nigeria, Venezuela and top world exporter Saudi Arabia, a Reuters survey found.

Crude output in August from the Organization of the Petroleum Exporting Countries rose to 29.92 million bpd from 29.86 million bpd in July, the survey of consultants, shippers, industry and OPEC sources said.

The survey also indicates supply from Saudi Arabia is climbing after the kingdom cut output earlier this year. Except Saudi Arabia, OPEC members are pumping at full tilt as oil prices remain near a barrel.

The 11 OPEC members pump more than a third of the world's oil.

Following is crude output in millions of barrels a day: August July June May Quotas Algeria 1.34 1.37 1.37 1.37 0.894 Indonesia 0.86 0.89 0.90 0.92 1.451 Iran 4.0 4.10(R) 3.85 3.75 4.110 Kuwait 2.51 2.54 2.54 2.52 2.247 Libya 1.71 1.70 1.70 1.70 1.500 Nigeria 2.28 2.16 2.30 2.15 2.306 Qatar 0.82 0.82 0.82 0.81 0.726 Saudi Arabia 9.30 9.20 9.20 9.18 9.099 UAE 2.54 2.54 2.54 2.52 2.444 Venezuela 2.52 2.44(R) 2.56 2.58 3.223 OPEC 10 27.88 27.76(R) 27.78 27.64 28.000 Iraq 2.04 2.10 2.02 1.90 TOTAL 29.92 29.86(R) 29.80 29.54 (R)-Revised.

NOTE - OPEC quotas exclude condensate and natural gas liquids and apply to supply rather than wellhead output, defined to exclude movements to, but not sales from, storage. Saudi and Kuwaiti data includes Neutral Zone. Saudi data excludes oil produced for Bahrain. Venezuelan data includes upgraded synthetic oil.

REUTERS PKS KN1928