The Saudi Arabia
Kingdom's Minister of Petroleum and Mineral Resources Ali
Al-Naimi has confirmed that oil production and export
facilities in Saudi Arabia are in harmony with current market
demands, and oil exports and shipments are proceeding on a
regular planned schedule. "All precautions have been taken,"
stated Al-Naimi, to ensure the flow of oil supplies.
The Kingdom is committed to keeping oil prices and the
market as stable as possible despite disruptions that may
arise as a result of military actions in Iraq. Saudi Arabia
will continue to implement the resolutions of the 124th
conference of the Organization of Petroleum Exporting
Countries that stressed OPEC's readiness to make supplies
available under any circumstances