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Discuss this article (0 Comments)Saudi Aramco: end-'09 crude capacity to rise to 12mn bpd
by This email address is being protected from spam bots, you need Javascript enabled to view it on Wednesday, 26 November 2008
Saudi Aramco's chief executive Abdallah Jumah on Wednesday said he expected crude oil output capacity to rise to 12 million barrels per day (bpd) by the end of 2009.
"By the end of next year, we will be capable on a sustained basis to produce at 12 million barrels, but we are not going to produce at that because Saudi Arabia always puts a cushion," he said at a conference in New Delhi. (Reuters)
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