Display results as :
Advanced Search
RSS feeds

Social bookmarking
Social bookmarking digg  Social bookmarking delicious  Social bookmarking reddit  Social bookmarking stumbleupon  Social bookmarking slashdot  Social bookmarking yahoo  Social bookmarking google  Social bookmarking blogmarks  Social bookmarking live      

Bookmark and share the address of UKRAINE ENGLISH NEWS on your social bookmarking website

Go down
Posts : 17544
Join date : 2015-05-20
Location : United States

Saudi Arabia can increase oil production

on Sun Apr 17, 2016 3:07 am
Saudi Prince Mohammed bin Salman said that Riyadh has the ability to instantly increase its oil production by 1 million barrels a day to 11.5 million barrels, Bloomberg reported.

According to Prince, mining "optionally" may be increased up to 12.5 million barrels a day for six to nine months.

"I'm not saying that we have to produce more [oil], but we can do it", - said Mohammed bin Salman. "We can produce 20 million barrels of oil per day, if we invest in production facilities, but we can not produce more than 20 million", - he said.

Saudi Arabia has established a record of oil production in 10.564 million bpd in June last year. As noted by Bloomberg, the level of production in Saudi Arabia is at a level of about 10.2 million in January of this year (January to freeze production level will be discussed exporting countries at a meeting in Qatar, 17 April). In Russian/русский
Back to top
Permissions in this forum:
You cannot reply to topics in this forum