UPDATE 1-Qatar oilmin sees no dramatic change in output

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SINGAPORE, Nov 11 (Reuters) - OPEC is unlikely to substantially alter output plans when it it meets next month as oil inventories are high and there is no shortage in the market, Qatar Oil Minister Abdullah al-Attiyah said on Wednesday.

"For the next meeting in Angola, I think OPEC will be very careful to discuss the market situation," he said. "I don't think there will be a dramatic change in the next meeting."

The Organization of the Petroleum Exporting Countries will meet in, Luanda, Angola on Dec. 22 to decide on its oil production policy.

Al-Attiyah added that inventory levels were "very high".

"There is no shortage of supply at all," al-Attiyah said.

"It shows that the market is comfortable," he told reporters on the sidelines of a signing ceremony for the joint venture agreement between Qatar Petroleum International (QPI) and Shell Eastern Petroleum Pte Ltd.

Replying to a question on the level to which oil stocks in OECD countries would need to fall before OPEC would consider an output change, he said inventories equivalent to around 60 days of forward demand cover was still "very high", compared with around 52 days two to three years ago.

Last month the International Energy Agency said that inventories in OECD countries fell to the equivalent of 60.7 days of forward demand cover at the end of August, down from 61.4 days at the end of July. (Reporting by Judy Hua and Felicia Loo, Writing by Ramthan Hussain; Editing by Sambit Mohanty)