stream where there is a critical shortage of capacity to meet the projected future demand for finished products. Through these investments, Saudi Arabia hopes to make a significant contribution toward maintaining reliable supplies of energy in the coming decades. At this point, I want to address Saudi oil policy as it relates to Islamic and developing countries. The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz has mandated that Saudi Arabia's oil policies give special attention to developing countries. We believe that the most important thing that we can do for developing countries is to help create an environment conducive to sustainable economic growth with an oil policy that promotes adequate supplies at reasonable prices. We believe this policy serves the best interests of all developing countries. Saudi Arabia is committed to an on-going exchange of visits and increasing dialogue with officials from other developing countries in general, and Islamic countries, in particular. We have an active program of helping the oil industries in our fellow developing countries. --More
