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  • Saudi Arabia increases oil exports to 10.6 million bpd

Saudi Arabia increases oil exports to 10.6 million bpd

A general view of Saudi Aramco's Abqaiq oil processing plant is seen In this file photo taken on September 20, 2019. (AFP)
A general view of Saudi Aramco's Abqaiq oil processing plant is seen In this file photo taken on September 20, 2019. (AFP)
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30 Mar 2020 09:03:38 GMT9
30 Mar 2020 09:03:38 GMT9
  • The Kingdom intends to increase its crude oil exports starting in May, by about 600,000 barrels per day

Arab News

RIYADH: Saudi Arabia’s Energy Ministry said the kingdom intends to increase its crude oil exports starting May, by about 600 thousand barrels per day.

This will bring the kingdom’s total petroleum exports to 10.6 million barrels per day, a ministry spokesman said.

This increase came as a result of displacing crude with natural gas from the Al-Fadhili gas plant, which was used for generating electricity. In addition to the decrease in local demand for petroleum products as a result of a decrease in transportation due to precautionary measures taken to limit the coronavirus outbreak.

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