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Page added on June 6, 2005

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How Saudi Arabia can double oil production

Saudi oil production capacity could grow from its current 11 million b/d to over 23 million b/d to meet world demand according to Saudi Aramco’s President and Chief Executive Officer Abdallah S. Jumah, confounding sceptics who believe that the Kingdom may be approaching, or even past, peak production.


In a speech delivered at Rice University in Houston Mr Jumah said that the Kingdom is uniquely positioned to step up and deliver, because of its reserves and resources, to consider raising its production by such a margin.


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