Saudi Aramco: 2012 Production Rises, Capacity Steady
Saudi Aramco’s 2012 Annual Report, released on 27 May, shows crude production hitting a record 9.51mn b/d, up over 440,000 b/d on 2011’s previous record. Gas output of 10.7bn cfd, up 9% on 2011, is also at record high levels (see table). Meanwhile, Aramco is looking to downstream and petrochemicals to boost its numbers in Saudi Arabia and internationally, with Riyadh telling Aramco and...
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