Saudi to boost oil output capacity by 1m barrels per day: Aramco

Aramco, Saudi Aramco, Oil, Energy

Riyadh - Aramco received a directive to increase its maximum sustainable capacity from 12m bpd to 13 bpd.



By AFP

Published: Wed 11 Mar 2020, 10:23 AM

Last updated: Wed 11 Mar 2020, 12:27 PM

Energy giant Saudi Aramco said on Wednesday it plans to raise its production capacity by one million barrels per day to 13 million bpd as a price war with Russia escalates.
"Saudi Aramco announces that it received a directive from the ministry of energy to increase its maximum sustainable capacity from 12 million bpd to 13 bpd," the company said in a statement to the Saudi Stock Exchange.


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