Oilfield faces delay

RIYADH: Production at Saudi Arabia’s 500,000 bpd Khursaniyah oilfield may be delayed beyond the first half of this year.

“The oilfield may start pumping limited quantities in May but it will not be able to meet the announced production capacity … since the gas plant has not been completed yet,” an industry source said.


“The project’s completion … might be delayed to beyond the first half of this year,” the source added.

State oil firm Aramco is sticking to the latest schedule as announced by senior executive Khalid Al Buainain last month. Al Buainain said the oilfield would start producing 500,000 barrels per day within two months.