Saudis Test New Field
Tests at the recently discovered Ghazal gas field in Saudi Arabia yielded a daily output of 40 million cubic feet of gas,said Finance Minister
Ibrahim al-Assaf on Friday.
"The Ghazal field,150 km east of Riyadh,has been tested,and an output of 40 million cubic feet per day and 5,400 barrels of day of condensate
was achieved,"Assad said,quoted by the official SPA news agency.
The Ghazal field is the eighth gas field to have been found in the eastern part of the kingdom.
Saudi Aramco,which carried out the tests,holds a monopoly on oil and gas extraction in the coun-try, which is the world's biggest producer of
crude,with more than eight million barrels a day,and has the biggest reserves,put officially at 261 billion barrels.—AFP.
©--Agence France Press.
© 2000 Mena Report (www.menareport.com)