Tuesday, 25 June 2019

#Saudi Aramco concerned over Gulf attacks, has capacity to meet demand: CEO - Reuters

Saudi Aramco concerned over Gulf attacks, has capacity to meet demand: CEO - Reuters:

Saudi Aramco is concerned at recent actions in the Gulf but can meet its customers’ needs thanks to its experience and the availability of additional spare capacity, its chief executive said on Tuesday.

“What’s happening in the Gulf is definitely a concern,” Amin Nasser, president and chief executive of Saudi Arabia’s state oil giant, told Reuters in an interview.

“At the same time we went through a number of crises in the past ... we’ve always met our customer commitments and we do have flexibility and the system availability in terms of available additional spare capacity.”

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