At a meeting held a few days ago, the Saudi Press release said, in oil producing countries, the most important is not the output, but the export volume.
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The national finance, the most important thing is not only with subsidies, international price selling "exports" is behoove.
Saudi Arabia, the world's largest exporter of crude oil due to seasonal factors, there is a large floating. Hot summer air conditioning demand increased rapidly, hundreds of thousands of winter BD crude oil will be used as fuel. I judge, fa-riha (transliteration) minister said in the winter, a substantial reduction in oil production than agreed.
Saudi Arabia to ensure the export of crude oil production, reduce the consumption of fuel cells. Tariff reduction is a major strategy, but in terms of the development of dry gas fields in the country, and will explore the construction of renewable energy and nuclear power plants.
Saudi Arabia is expected to reduce the amount of fuel consumption in order to ensure that revenue is equal to the export of crude oil production. Electricity subsidies to reduce, but in the dry gas field in the country to force, to explore renewable energy and nuclear power plant construction is a big fact.