S. Arabia ready to meet crude demand: Minister

S. Arabia Oil Minister Al Naimi said his country is ready to supply whatever volume of crude is needed to meet demand

S. Arabia ready to meet crude demand: Minister

World Bulletin/News Desk

Saudi Arabia Oil Minister Ali Al Naimi said his country is ready to supply whatever volume of crude is needed to meet demand in the world.

Speaking after the Gulf Cooperation Council’s oil minister meeting in Riyadh, Al Naimi said that Saudi Arabia can produce 12,5 million barrels daily and is ready to meet crude demand. He also stated during the meeting, they discussed to prepare a single list for oil prices and member states did not raise any objections to such a list.

Kuwaiti Deputy Prime Minister and Oil Minister Mustafa Semmali said his country aims to increase daily production from 3.2 million barrels to 4 million.

 

Last Mod: 24 Eylül 2013, 22:14
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