SAUDI PLANS TO INCREASE CAPACITY TO 23M BPD

  • Middle East Newsline
  • September 16, 2005
WASHINGTON [MENL] -- Saudi Arabia would be required to increase oil capacityto 23 million barrels per day. A leading Saudi oil executive said U.S. demand for crude oil wasexpected to grow from 20.6 million barrels per day to about 28 millionbarrels per day by 2025. The executive said the United States expects SaudiArabia to fill much of that increased demand.
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