RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2019-10-02 12:00:00

SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD

SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD

PLATTS - Saudi Arabia has restored its oil production to more than 9.9 million b/d and the country has started replenishing some of the crude stocks that were tapped in the immediate wake of the attacks on its key oil facilities, the head of Aramco's trading division said Monday.

"Our system was able to grow and become healthier as we moved along and by September 25, we were able to restore all the capacity we had before the attack," the president and CEO of Aramco Trading Co., Ibrahim al-Buainain, told an industry banquet in Fujairah.

"On the 25th we reached the [9.9 million b/d] target, actually. Most of you are aware we have spare capacity. So we are actually a little higher than this," he said.

With production fully restored, Aramo was able to start replenishing some of the inventories that it used in the four or five days immediately after the attack, he said.

Armed drones and missiles attacked Saudi Aramco's largest crude-processing facility at Abqaiq and its key Khurais oil field on September 14 in a strike which initially took some 5.7 million b/d of production offline.

Buainain said "not one single shipment" to any of Aramco's customers were missed or canceled as a result of the attack, proving how resilient Saudi oil infrastructure is.

"Our system was able to grow and become more healthier as we moved along ... it made us more stronger," he said. "The rapid response and recovery of production serves to demonstrate that Saudi Aramco is far more resilient than anyone could have imagined."

Earlier Monday, Reliance Industries said Aramco has promised to supply all the Indian refiner's requested crude volumes and crude grades in October as the world's biggest oil exporter recovers from the drone attacks.

-----

 


Earlier:

SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2019, September, 26, 13:55:00
COALITION FOR HOPE
“I should like to invite all the countries directly affected by the developments in the Persian Gulf and the Strait of Hormuz to the Coalition for Hope meaning Hormuz Peace Endeavor,” stated President Rouhani.
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2019, September, 19, 14:15:00
U.S. WEAPON: OIL
Iranian Minister of Petroleum Bijan Zangeneh stressed the non-political nature of oil, saying the US was using oil as a weapon which was not the right approach.
All Publications »
Tags: SAUDI, ARABIA, OIL, PRODUCTION, ARAMCO
Chronicle:
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 13:04:00
2022 SAUDI PIPELINES INTERNATIONAL CONFERENCE & EXIBITIONS
Eventat Co (a Saudi local company) is hosting the first-ever “2022 Saudi Pipelines International Conference & Exhibitions” from 4-6 October, 2022 at the Dhahran Expo, Dammam (Eastern Province), Kingdom of Saudi Arabia. The three-day conference and exhibition are dedicated to bringing together over “50+ Regional/International speakers, 100+ Sponsors/Exhibitors, 1000+ Delegates and 3000+ Visitors” from around the globe who carry significant interest in enhancing the pipelines lifecycle for the current and future.
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 13:03:00
INTERNATIONAL CONGRESS AND EXIBITION TURKEY & BLACK SEA OIL AND GAS
International Congress and Exhibition Turkey & Black Sea Oil and Gas is an international, professional platform, bringing together over 200 C-suite executives from vertically integrated oil companies, general directors, CTOs of oil refineries, gas processing plants and petrochemical facilities, initiators of investment projects on oil and gas extraction from Turkey and countries of the Black Sea area, officials of regulatory authorities, licensors of production technologies and world suppliers for the industry.
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 13:02:00
TRANSPORTATION OIL AND GAS CONGRASS 2023 (TOGC 2023)
Transportation Oil and Gas Congress 2023 (TOGC 2023) takes place on February 20-21, 2023. The Congress brings together representatives from the whole pipeline chain and focuses on both strategic and technical issues of the oil and gas pipeline transportation.
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 13:01:00
Pipelines In A Sustainable Future And Other Highlights Of TOGC 2023(TOGC 2023)
Transportation Oil and Gas Congress (TOGC) is held on February, 20-21, 2023, Istanbul, Türkiye. During 2 days of intensive networking participants get direct access to the whole pipeline chain. Among the highlights of the program are Panels, show type sessions based on discussion between panelists. They discuss the role of pipelines in a sustainable future, digital transformation and optimization of the pipeline industry, pipeline economics and pipeline integrity, H2 in Gas Grid.
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 13:00:00
RUSSIAN NUCLEAR FOR BRAZIL
Russia and Brazil already have ties in the nuclear energy field with an MoU signed in 2017 by Rosatom and Brazil’s Electrobras and Electonuclear to promote cooperation in nuclear power.
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 12:59:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023 Link to the Congress website: https://bit.ly/3tXVmr7
SAUDI ARABIA'S OIL PRODUCTION 9.9 MBD
2022, October, 6, 12:58:00
DISCUSSING LNG MARKET TRENDS AT LNGCON 2023
The closed-door International LNG Congress 2023 assembles top-level management and technical representatives of the LNG industry to discuss prevailing questions and present innovative solutions in Dusseldorf, Germany on March, 6-7, 2023.
All Publications »