We have Sufficient Oil to Meet World's Demand

By Anadolu News Agency (aa)
Published: Monday 21, 2005
zaman.com

As the largest oil exporting country in the world, Saudi Arabia has reported that they have sufficient oil capacity to meet world demand.

Saudi Arabian Oil Minister Ali Al-Naimi has issued a statement to reporters in Philippines capital, Manila and said that the country is capable of producing an extra 1.5 million barrels a day. If world markets require, Saudi Arabia can immediately meet this demand, the Minister added.