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No dip in oil demand, exports - Saudi’s Naimi

Posted on 10 October 2011

Saudi Arabia sees neither a decline in global oil demand nor a reduction in the kingdom’s exports due to increased output from Libya, Oil Minister Ali al-Naimi said on Sunday.
“I don’t think it will decline because, even with the global economic situation, the expectation for 2011 is still 1 million barrels more than 2010 and expectations for 2012 it is between 1.1 million barrels and 1.3 million barrels,” Naimi said in an interviewed on television channel Al Arabiya……………………………………….Full Article: Source


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