Saudi Arabia prepared to cater to global oil demand

Saudi Arabia prepared to cater to global oil demand
Saudi Arabia prepared to cater to global oil demand

King Salman chaired the Cabinet session held at Al-Yamamah Palace in Riyadh on Tuesday, the Saudi Press Agency (SPA) reported. The Cabinet addressed the Kingdom's assertion during its participation in Russian Energy Week — that it was ready to meet world oil demand following efforts to restore supply capabilities within 72 hours of last month's oil field attacks.

These efforts strengthened the Kingdom's position as the most reliable, safe and independent oil exporter.

The king briefed the Cabinet on the results of officialtalks held with President of the Sudanese Supreme Council Gen. AbdulfattahAl-Burhan and Sudanese Prime Minister Dr. Abdullah Hamdouk.

Media Minister Turki Al-Shabanah, in a statement to SPA,said the Cabinet reviewed reports on the latest regional and internationaldevelopments.

He highlighted the final statement of the 4th extraordinary meeting of the Gulf Cooperation Council (GCC) Supreme Military Committee, held in Riyadh, to consult on current threats and situations and to achieve greater GCC military coordination.

The Cabinet authorized ministries to sign agreements withfriendly countries in different sectors.

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