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The Kingdom announced an increase in production capacity to 13 million barrels per day

Al-Marsad newspaper: Crown Prince Mohammed bin Salman said that the Kingdom announced an increase in oil production capacity to 13 million barrels per day, following which the Kingdom will not have any additional capacity to increase.

The Crown Prince stressed the importance of continuing and encouraging investments in fossil energy and clean technologies over the next two decades to meet the growing demand globally, with the importance of reassuring investors that the policies that are adopted do not pose a threat to their investments in order to avoid their reluctance to invest and ensure that there is no shortage of energy supplies that would lead It affects the global economy.

This came during the Jeddah Summit for Security and Development, which is co-chaired by the Kingdom and with the participation of America, the Gulf Cooperation Council countries, Egypt, Iraq and Jordan.

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