"...when the King (Abdullah) met with the president last April, they agreed on a joint energy policy, whereby Saudi Arabia would increase oil production and with investment amounting to nearly $50-bil over the next few years, to increase that production, and also increase the refining capacity for oil products, plus joint energy research into making fossil fuels and oil more ecologically friendly and thereby less dangerous to use than it might be now," Riyadh's ambassador to Washington, Prince Turki al-Faisal, has been quoted as saying. Over the next three years the kingdom is aiming to increase production from 11-mil/bbl to 12.5-mil/bbl.

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