VOL. XXXII

NO. 31

8-MAY-1989

SAUDI ARABIA

Saudi Aramco's Output Up 23.8% in 1988

The Saudi Arabian Oil Company (Saudi Aramco) in 1988 produced 1.803bn barrels(4.926mn b/d) of crude oil, up 23.8% from 1.457bn barrels (3.991mn b/d) in 1987,according to the company's 1988 Annual Report which was released last week.Output of natural gas liquids rose to 149mn barrels (408,615 b/d) in 1988 from125.9mn barrels (344,921 b/d) in 1987. By end-1988 the remaining reserves in the Aramco fields were assessed at...