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Saudi 'could boost output' by 4.5m bpd

01 April 2010

Saudi Arabian oil minister Ali Al- Naimi has said that once demand recovers from recession, the kingdom could boost output by as much as 4.5 million barrels-a day, Bloomberg has reported. The kingdom is waiting for usage to rise after increasing capacity to 12 million barrels a day, he said. "Demand is gradually growing right now," Al-Naimi said.

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