(EnergyAsia, May 6) — Saudi Arabia’s Minister of Petroleum and Mineral Resources, Ali Al Naimi, said the Kingdom’s oil reserves were 261 billion barrels at the end of last year despite recent comments by some analysts that the actual size of the reserves was much smaller. Speaking at the recent 6th International Petroleum Forum…
SAUDI ARABIA: Oil Minister insists oil reserves stand at 261 billion barrels, more fields being deve
Posted on May 6, 2005 by EnergyAsia