41 Quotes by Edmund Daukoru

We will collectively make a pledge to have the spare capacity available if needed, but I don't believe it is needed,

Two of the onshore blocks are well into the interior of the country.

There is nothing like an absolute price level. You cannot decree an absolute price; everything is subject to market forces, and market forces cut both ways.

We have a consensus that we want to put before the conference. We want to share the availability of the spare capacity with the market,

I still do believe the market is well supplied, even getting soft.

I spoke with the Iranian minister and he assured me that on their own part they have never stated that they were going to shut production.

The talk of an increase is mainly to give comfort to the market. It is refining capacity we have to worry about.

Prices have their ebbs and flows. We are concerned that prices don't get out of hand.

A fair price is what the market can sustain.