Audit finds Aramco oil reserves slightly higher than reported- sources | ZAWYA MENA Edition:
"An audit of Saudi Aramco's oil reserves - an essential part of the preparatory work for its planned initial public offering - has found the state oil giant to have higher reserves than it previously reported, sources familiar with the matter told Reuters.
Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest.
Two sources, speaking on condition of anonymity, said the independent external audit has found the proven oil reserves to be at least 270 billion barrels, which is slightly higher than the 260.8 billion barrels the company reported in its 2016 annual review."
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