- produced at an all-time high last year (2015)
- kept reserves unchanged; 261.1 billion bbls
- "maintains an oil-production capacity of 12 million bopd"
- produced 10.2 million, up from 9.5 million in 2014
- a 7% increase; 700,000 bopd increase
- the company will announce its restructuring plans within six months
- will launch IPO by end of 2018
- exported 2.6 billion bbls in 2015, up from 2.54 billion bopd in 2014 (2% increase)
- exported 7.1 million bopd in 2015
- exports to Asian markets increased "substantially"
- India: jumped 18%
- China: grew 4.5%
- US: flat at 1 million bopd
- Baltic: expanded, new markets; spot cargo to customers from storage facilities in Okinawa and Rotterdam
- refining: 3.1 million bopd, unchanged from 2014; capacity was 5.4 million
- seeks to double its refining capacity to 8 - 10 million bopd
Saturday, May 28, 2016
Saudi Aramco Lifted 2015 Output To Record -- May 28, 2016; Saudi Aramco Increased Crude Oil Exports 2% Year-Over-Year
Rigzone/Bloomberg is reporting these data points:
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