Hyundai Motor Group develops lighter-weight center side airbag
Toyota investing additional $391M in San Antonio truck assembly plant

Aramco CEO says production will be restored by end of September following strikes on Abqaiq and Khurais

Saudi Aramco President & CEO Amin Nasser said Tuesday that the company’s production capacity, suspended earlier due to terror attacks on its plants at Abqaiq and Khurais (earlier post), would be fully restored by the end of September.

Production at Khurais resumed 24 hours after the attack. Meanwhile, Nasser stated that production at Abqaiq is currently 2 million barrels per day and its entire output is expected to be restored to prior rates by the end of September.

The company adjusted deliveries and shipments to customers by drawing on inventories and offering additional crude production from other fields.

Not a single shipment to an international customer has been or will be missed or canceled as a result of these attacks. We have proven that we are operationally resilient and have confirmed our reputation as the world’s leading supplier. The company has met its commitments to its international customers, even in challenging situations, including past Gulf conflicts.

—Amin Nasser

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)