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The Secretary-General of the Gulf Cooperation Council, Jassim Mohammed Al-Budaiwi, confirmed that the Gulf countries' crude oil reserves exceed 518 billion barrels, with natural gas reserves surpassing 44 trillion cubic meters. Their daily production exceeds 16 million barrels of oil and 461 billion cubic meters of natural gas. He pointed out that the member states are working to diversify energy export routes to ensure continuous supplies, emphasizing the importance of strengthening Gulf coordination to face challenges and achieve the sustainability of energy security in the region.
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