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