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Saudi Aramco Rapidly Restores Production Capacity

Gasoil News - Published on Wed, 18 Sep 2019

Image Source: aljazeera.com
Saudi Aramco President & CEO Amin Nasser said Tuesday that the Company’s production capacity, suspended earlier due to terror attacks on its plants at Abqaiq and Khurais, would be fully restored by the end of September. Mr Nasser said “These synchronized attacks were timed to create maximum damage to our facilities and operations. The rapid response and resilience demonstrated in the face of such adversity shows the Company’s preparedness to deal with threats aimed at sabotaging Aramco’s supply of energy to the world. I am enormously proud of the courage, dedication and proficiency of our people who ensured there were no injuries.”

During the news conference, it was disclosed that production at Khurais resumed 24 hours after the attack. Meanwhile, Mr. Nasser stated that production at Abqaiq is currently 2 million barrels per day and its entire output is expected to be restored to prior rates by the end of September.

The Company adjusted deliveries and shipments to customers by drawing on inventories and offering additional crude production from other fields.

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Posted By : Rabi Wangkhem on Wed, 18 Sep 2019
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