VOL. XXXIV
NO. 35
3-JUNE-1991
Saudi Arabia
Nazer Denies Reports of Fall in Saudi Capacity and Delay in ExpansionProgram
Saudi Arabia's Oil Minister, Mr. Hisham Nazer, has firmly denied recent mediareports suggesting that Saudi crude oil production capacity has fallen wellbelow 8.5mn b/d and that implementation of its plan to expand capacity to 10mnb/d has been delayed.
Specifically referring to reports to this effect published in PetroleumIntelligence Weekly, Mr. Nazer told MEES: "These reports are...
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