Saudi Aramco Seeks to Partner with Countries to Expand Its Oil Stockpile, CEO Says
- Saudi Arabia and Aramco are seeking partnerships with other countries to expand their strategic oil stockpile, CEO Amin Nasser told Al Arabiya Business TV.
- Nasser said oil demand could increase to 3 million barrels per day after the Iran war.
- Aramco is studying alternative export routes that bypass the Strait of Hormuz, Bab el-Mandeb, and the Suez Canal, Nasser said.
13 Articles
13 Articles
Saudi Arabia Seeks Access to Overseas Oil Storage for Aramco
Saudi Aramco seeks to partner with countries to expand its oil stockpile, says CEO
Saudi oil production fell below seven million barrels per day for most of the war’s first six months, down from over 10 million before the conflict, according to the International Energy Agency.
(Cairo=Yonhap News) Correspondent Kim Sang-hoon = Saudi Arabia's state-owned oil company Aramco is expanding its strategic oil reserves in preparation for increased crude oil demand following the war with Iran...
Nieuws.nl
welingelichtekringen.nlRIYADH (ANP/BLOOMBERG) - Saudi Arabia is holding talks with foreign governments to grant state oil company Saudi Aramco access to their strategic oil reserves for storage. The kingdom aims to increase security of supply for its customers in the event of disruptions, stated...
Saudi Aramco, a Saudi oil and gas company, is working on new directions for oil exports, and has been informed by its Director General, Amin Nasser.
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