Dec 07 2011 |
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Saudi Aramco CEO: World Has Adequate Oil, Gas Supplies
Wednesday, Dec 07, 2011
(This story was originally published Tuesday.)
DOHA (Zawya Dow Jones)--Global markets have enough oil and gas supplies, the top executive at state-giant Saudi Arabian Oil Co., known as Saudi Aramco , said Tuesday.
"We have adequate oil and gas supplies today," Khalid Al Falih said at a conference in Doha.
Aramco expects its large-scale Manifa oil field, which has capacity to produce 900,000 barrels a day of heavy crude, to start up production in 2013, Al Falih said.
Copyright (c) 2011 Dow Jones & Co.
(END) Dow Jones Newswires
07-12-11 0400GMT
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