Saudi Arabia to increase oil production capacity

Saudi Arabia to increase oil production capacity
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Riyadh: The maximum production capacity of oil will be increased from 13.3 million barrels per day to 13.4 million barrels per day, said Saudi Energy Minister Abdul Aziz bin Salman Prince. He was speaking at the 29th Middle East Petroleum and Gas Conference in Bahrain.

He added that declining productivity at all levels of the energy sector is a global issue that the world needs to pay attention to. He said Saudi Arabia and Kuwait wanted to discuss the Dura gas field with Iran. He added that Saudi Arabia currently has no plans to export methane.

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