FACTBOX-Actual OPEC crude output and targets

Sept 7 (Reuters) - The Organization of the Petroleum
Exporting Countries (OPEC) pumped oil at around 32.82 million
barrels per day (bpd) in 1'August, according to a Reuters
survey.

- OPEC has informal production targets for 12 of its 13
members. Iraq is the exception.

- The 12 members produced at 30.46 million bpd in August, or
790,000 bpd above target. The collective ceiling for the 12 is
29.67 million bpd.

- Top oil exporter Saudi Arabia was the furthest above its
target, at 9.65 million bpd versus a target of 8.943 million
bpd.

- Iran, UAE, Kuwait, Algeria, Angola and Qatar were also
above their mark.

- OPEC targets are contentious. Members' targets for all
except Iraq, Angola and Ecuador were published briefly on OPEC's
website last year and subsequently withdrawn without
explanation.

- New members Angola and Ecuador received limits from Jan.
1, 2008.

- Iran disputes its target, and has said it never agreed on
the level calculated.

- Venezuela claims it produces more oil than analysts and
industry observers have said it does. Venezuela says production
is around 3.2 million bpd. Those surveyed by Reuters pegged
output in August at 2.36 million bpd. It has an informal target
of 2.47 million bpd.

- OPEC uses third party estimates to calculate its own
output.

Following is crude output and targets in millions of barrels
per day.

August Target

output output
Algeria 1.4 1.357
Angola 1.91 1.9
Ecuador 0.5 0.52
Indonesia 0.86 0.865
Iran 4.05 3.817
Kuwait 2.6 2.531
Libya 1.68 1.712
Nigeria 1.96 2.163
Qatar 0.86 0.828
Saudi Arabia 9.65 8.943
UAE 2.63 2.567
Venezuela 2.36 2.47
OPEC-12 30.46 29.67
Iraq 2.36
TOTAL 32.82

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.

(Compiled by Simon Webb and Alex Lawler)