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Friday, March 29 2024
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Operations will resume by Sept end: Saudi Aramco CEO

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Jeddah: “We will be able to fully resume production by the end of September,” said Saudi Aramco President and CEO Amin Nasser, on Tuesday, September 17.

It can be recalled that two Aramco oil facilities (Abqaiq and Khurais) were attacked by drones on September 14. After the attack, global oil stocks witnessed a massive surge in prices (around 20 per cent).

Addressing a press conference in Jeddah, Nasser said, “These synchronised attacks were timed to create maximum damage to our facilities and operations. The rapid response and resilience demonstrated in the face of such adversity show the company’s preparedness in dealing with threats aimed at sabotaging Aramco’s supply of energy to the world.”

Nasser also informed that production at the Khurais plant had resumed just 24 hours after the attack.

“Not a single shipment to an international customer has been or will be missed or cancelled as a result of these attacks,” he added.

He further said, “We have proven that we are operationally resilient and have confirmed our reputation as the world’s leading supplier. The company has met its commitments to its international customers, even in challenging situations, including past Gulf conflicts.”

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