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Minister says Saudi Arabia pumping 10 million bpd: Report

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Press Trust of India Dubai
Last Updated : Jan 21 2013 | 4:10 AM IST

"In addition to our spare capacity of 2.5 million barrels per day, we have on the ground, in tanks and in pipelines, about 80 million barrels of inventory. These are working inventory," Al-Naimi was quoted by the Arabic media as saying during a trip to Japan.

Saudi Arabia had storage capacity of about 80 million barrels, which was full, and was ready to meet any sudden need for an increase in supply, he added.

At 10 million bpd, Saudi Arabia

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First Published: May 09 2012 | 10:35 PM IST

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