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By Olesya Astakhova
RIYADH, Oct 14 (Reuters) - Saudi Energy Minister Prince
Abdulaziz bin Salman said on Monday that the country's oil
output will recover to 9.86 million barrels per day in October
and November, after it declined last month following attacks on
its energy installations.
September oil production in Saudi Arabia, the world's
largest oil exporter, fell by 660,000 barrels per day (bpd) from
August to 9.13 million bpd in the wake of the attacks.
The Sept. 14 attacks targeted two of state oil producer
Saudi Aramco's plants, initially knocking out half of the
kingdom's oil production or 5% of global output.
Speaking to reporters, Prince Abdulaziz said that Saudi
Arabia will reach an oil production capacity of 12 million bpd
by the end of November, while its current exports stand at
around 6.9 million bpd and will remain at this level until the
end of the year.
Prince Abdulaziz replaced Khalid al-Falih as Saudi energy
minister last month. "It is my job to ensure that oversupply
does not continue," he said when asked about his expectations
for 2020.