Middle East Economic Survey
VOL. XLVIII
No 15
11-April-2005
SAUDI ARABIA
Saudi Arabia May Add Further 200Bn Barrels To Oil Reserves, Says Naimi
Saudi Arabia may manage to add 200bn barrels of oil reserves to its existing 261bn barrels, Oil Minister Ali Naimi said on 5 April. There is a possibility that the kingdom will increase its reserves by around 200bn barrels, either through new finds or by increasing what it produces from existing fields, Mr Naimi said, according to the Saudi Press Agency...
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