Thursday 3 October 2019

#Saudi has restored oil output after attacks, focused on Aramco IPO: energy minister - Reuters

Saudi has restored oil output after attacks, focused on Aramco IPO: energy minister - Reuters:

Saudi Arabia has fully restored oil output after attacks on its facilities last month and is now focused on the listing of Saudi Aramco, its energy minister Prince Abdulaziz bin Salman said.

The kingdom’s oil production capacity now stands at 11.3 million barrels per day, he told a Moscow energy conference on Thursday, adding: “We all rose to the challenge”.

“We have stabilized production capacity, we are at 11.3... We still have the kit and the tools to overcome any future challenges...”

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