Wants to double natural gas production but no plans to export

After Saudi Arabia’s Oil Minister, Ali Al-Naimi, made his first public speech since September 11 of this year, a great deal of emphasis was placed on the minister’s comments about OPEC pricing policy. While undoubtedly important, discussion about whether or not OPEC is intentionally keeping prices low has overshadowed other important details from Al-Naimi’s speech.

In his speech at the International Energy Forum (IEF) meeting held in Mexico earlier this month, Al-Naimi focused...


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