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Page added on June 25, 2018

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Saudi Aramco CEO Says Has 2 Mln Barrels Per Day Of Spare Capacity

Production

Oil giant Saudi Aramco said on Monday it has a spare capacity of 2 million barrels per day and can meet additional oil demand in case of any interruption in supplies.

Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd, Amin Nasser, chief executive of Saudi Aramco, said in New Delhi.

OPEC, led by its biggest producer Saudi Arabia, agreed on Friday on a modest increase in oil production from July, following calls from major consumers to curb rising fuel costs.

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3 Comments on "Saudi Aramco CEO Says Has 2 Mln Barrels Per Day Of Spare Capacity"

  1. MASTERMIND on Mon, 25th Jun 2018 11:07 am 

    The only thing the Saudi’s know is ‘Death to America”..

  2. Majed Alahmadi on Mon, 25th Jun 2018 11:54 am 

    MM you are mixing between Saudi and Iran

  3. print baby print on Tue, 26th Jun 2018 4:06 am 

    They start their story again We have seen their 2mmb spare capacity in 2009 or so 500.000 at the very best which is now questionable too

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