[size=36]Saudi Arabia: Our oil production will reach 9.86 million barrels per day[/size]
Saudi Energy Minister Prince Abdul Aziz bin Salman predicted that the Kingdom's oil production in October and November will reach 9.86 million barrels per day.
Bin Salman said in a press statement on the sidelines of the Russian-Saudi Investment Forum in Riyadh on Monday that oil production in the Kingdom will reach 9.86 million barrels in October, and is expected to reach the same level in November.
"Saudi Arabia's daily oil exports amount to 6.9-7 million barrels, while production capacity is expected to reach 12 million in November," bin Salman said.
On the other hand, the Saudi energy minister expressed hope that Iraq, South Sudan, Nigeria and Gabon will fully comply with the "OPEC +" agreement in October.
"We have time to review the details of the OPEC + agreement if necessary before the December meeting," bin Salman said.
Saudi Arabia announced on September 12, during a meeting of the ministerial monitoring committee of the OPEC + agreement, it plans to keep oil production at the level of 9.89 million barrels per day until the end of this year.