Middle East Economic Survey

VOL. XLVII

No 51/52

20/27-December-2004

SAUDI ARABIA

Saudi Production Capacity Estimate Increased By IEA To 10.0-10.5Mn B/D

The International Energy Agency (IEA) has increased its estimate for Saudi Arabias sustainable oil production capacity, from 9.5mn b/d to the range of 10.0-10.5mn b/d. In the latest monthlyOil Market Report, published on 10 December, the IEA says it reassessed sustainable Saudi production capacity (defined as attainable in 30 days and sustainable...