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Saudi Energy Minister Participates in SPIEF
St Petersburg Published in Saudi Press Agency on 03 - 06 - 2017

Saudi Minister of Energy, Industry and Mineral Resources Engineer Khalid bin Abdulaziz Al-Faleh participated here yesterday in the 21st St. Petersburg International Economic Forum (SPIEF) which was held in the Russian city of Petersburg on June 1-3, 2017.
In his speech in front of the Forum, the Minister Al-Faleh explained that the participants in the oil production reduction agreement from members and non-members of "OPEC" will study the possibility of increasing the reduction in their meeting to be held in next November 2017, yet he pointed out that the global oil demand is not expected to peak before the 2050s.

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