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Saudi Arabia will not reduce oil production: Minister Energy



The Saudi energy minister said Wednesday that oil production will not decrease. However, it is not clear if Nigeria can be a part of the pump.

Khalid al-Fahih was in Abuja for an appointment with Nigerian Oil Minister Immanuel Iba Kachikov.

The Saudi authorities have indicated before the meeting that the participants of OPEC countries will be in Vienna on December 1, signaling in Iraq, Nigeria and Libya.

Kachichu said earlier that Nigeria would attend any project to cut the pumpkin.

Falih, the real leader of the OPEC nation, said that the production of oil production will increase by 2019 and that the group and its allies will reduce production.

The ban on pump reduction initiated in 2017 has been exempted from Nigeria due to domestic disputes over oil operations. Since then the crude production of the country has been recovered.


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