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Enough oil available following Saudi production reduction - Novak

MOSCOW, Sept 16 (KUNA) -- Russian Energy Minister Alexander Novak said on Monday that the world oil reserves are enough to meet the needs of consumers in case of reduction in Saudi production.
"There is a law on security at fuel and energy facilities, which stipulates all required protection measures. Such incidents as the attack on Saudi Arabian facilities require a re-evaluation of the current situation. I think we will address that issue as well," Novak said, quoted by Russian News Agency.
The attack affects energy security around the globe, he said, adding that global oil reserves are sufficient to offset losses for crude output due to the incident.
A vital point is that Saudi Arabia's production volume shrank by 5.7 million barrels per day due to attacks on Saudi oil facilities yesterday. (end) as.lr