Saudi Aramco asked to boost oil output capacity to 13 million bpd: CEO

Canada

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov

DUBAI (Reuters) – Saudi Aramco has been directed by the Ministry of Energy to raise its oil production capacity to 13 million barrels per day (bpd) from 12 million bpd now, the company’s Chief Executive Amin Nasser said in a statement on Wednesday.

“The company is exerting its maximum efforts to implement this directive as soon as possible,” Nasser added.

Reporting by Rania El Gamal; editing by Maha El Dahan

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