TABLE-OPEC March oil output falls 110,000 barrels per day, survey finds

By Alex Lawler

LONDON, April 7 (Reuters) - The following table shows crude oil output from the Organization of the Petroleum Exporting Countries in millions of barrels per day in March and February, according to a Reuters survey published on Monday.

OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and booming production outside the group.

The figures in the first and second columns are in millions of barrels per day. Totals are rounded.

February's figures were not revised.

	March output	Feb output	Change vs. Feb	Target output	Under/over target
Algeria	0.909	0.907	2,000	908000	1,000
Congo	0.260	0.260	0	277,000	-17,000
Eq. Guinea	0.060	0.060	0	70,000	-10,000
Gabon	0.220	0.220	0	169,000	51,000
Iraq	3.990	3.980	10,000	4,009,000	-19,000
Kuwait	2.405	2.405	0	2,413,000	-8,000
Nigeria	1.520	1.570	-50,000	1,500,000	20,000
Saudi Arabia	8.960	8.930	30,000	8,978,000	-18,000
UAE	2.910	2.920	-10,000	2,912,000	-2,000
TOTAL OPEC 9	21.234	21.252	-18,000	21,236,000	-2,000
Iran	3.250	3.300	-50,000
Libya	1.290	1.280	10,000
Venezuela	0.860	0.910	-50,000
TOTAL OPEC 12	26.63	26.74	-110,000

*Output target as announced by the countries making voluntary cuts, or as announced by OPEC. Excludes Iraq compensation plan for earlier overproduction.

Iran, Libya and Venezuela are exempt from OPEC output agreements.

The Reuters survey aims to assess crude supply to market, defined to exclude movements to, but not sales from, storage. Saudi and Kuwaiti data includes the Neutral Zone. Venezuelan data includes upgraded synthetic oil. Nigerian crude output includes the Agbami and Egina streams and excludes Akpo condensate.

(Additional reporting by Ahmad Ghaddar;
Editing by Emelia Sithole-Matarise)

((alex.lawler@thomsonreuters.com; Twitter: @AlexLawler100))

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