In a statement following his meeting with the French Minister, Oil Minister Al-Naimi said that the Kingdom has strong relations with France in the area of oil and minerals, since Saudi Arabia exports almost half a million barrels of crude oil a day to France, accounting for more than 25 percent of total French oil imports, and French geologists have been working for many years in Saudi-French joint investment projects for the extraction of minerals. Minister Al-Naimi went on to say that there are also a number of French companies working in the service sector in the Kingdom, with contracts valued at more than U.S. $ 700 million.