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9/20, 2:21 PM (Source: TeleTrader)
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Aramco expects to fully restore Khurais production in 10 days

Saudi Aramco's General Manager for the southern area oil operation, Fahad Abdulkarim, voiced on Friday his company's confidence that full output from Khurais, one of the oil facilities that was attacked last week, will be resumed by the end of September.

He also pointed out that 30% of production had been restored in the first 24 hours after the drone strikes hit the oil refinery. The repair will be conducted with the help of recently shipped equipment from the United States and Europe.

Khurais, located about 160 km east-northeast of Riyadh, has the processing capacity of 1.5 million barrels per day (bpd).

Breaking the News / MS