Aramco CEO Says Oil’s ‘Central Bank’ Can Handle Any Disruption - Bloomberg:
Aramco’s quick recovery from the attacks on its Abqaiq oil facility shows resilience and flexibility that’s without parallel in the industry, proving to the world that Saudi Arabia is a reliable supplier, said Chief Executive Officer Amin Nasser.
State-run Saudi Arabian Oil Co., which is the world’s most valuable company, has well-drilled emergency response units and massive flexibility built into its facilities, Nasser said. The kingdom is also working to make its industry less dependent on Abqaiq and improving defenses at its plants, he said.
“The whole world saw that Saudi Aramco, which is the central bank of oil, can respond to any unforeseen events,” Nasser said in a Bloomberg TV interview in Dammam. “There was no interruption to our international customers.”
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