Global Energy Demand and Capacity Building in Saudi Arabia's Petroleum Sector

Report by Anthony H. Cordesman and Nawaf Obaid

Published May 2, 2005

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In these estimates, and virtually every other major forecast, Saudi Arabia is a key petroleum exporter and central to a steadily more interdependent global economy. Saudi Arabia is also the only oil producer that has consistently sought to maintain surplus oil production capacity, with a nominal goal of 2 million bpd. This situation will not change in the foreseeable future.

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Middle East, and Economic Security
Anthony H. Cordesman

Anthony H. Cordesman

Former Emeritus Chair in Strategy

Nawaf Obaid

Programs & Projects