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Mass media / Periodicals

Saudi Arabia has fully resumed oil production

"Oil of Russia" 01.10.2019 at 09:49

Saudi Arabia after the attack drones on oil processing facilities Saudi Aramco is a fully restored oil production. This was announced by OPEC Secretary General Mohammad Barkindo on the sidelines of the XVI Annual meeting of the club "Valdai" in Sochi, reports "RIA Novosti".

"They (Saudi Arabia) follow the plan that they approved on September 30. And according to the information that we have, they have achieved full recovery of oil production. I think they should be congratulated on the occasion of the tremendous recovery of oil production," said Barkindo.

on September 25 Reuters reported that Saudi Aramco has restored its oil production to 11.3 million barrels per day.

Attacks on oil facilities a Saudi company, Saudi Aramco took place on 14 September, the cities of Houris and Hail, reported Saudi Press Agency. Because of the explosions was temporarily suspended manufacturing operations at these facilities. As acknowledged in Riyadh, the bombs stopped power, producing 5.7 million barrels of oil per day. In General, the daily oil production in the Kingdom dropped by almost half. Responsibility for the attack has taken the Yemeni Houthis.

On the background of the attacks on 16 September the price of Brent oil in the course of trading rose by 19% to $71,62 per barrel. It subsequently dropped to $66. Energy Minister of Saudi Arabia Prince Abdulaziz bin Salman and the Executive Director of Saudi Aramco amine Nasser promised that by the end of September, oil production will be fully resumed.

Source: RNS