Saudi 2009 oil capacity plan on track: official

RIYADH (Reuters) – State oil giant Saudi Aramco is on track to hit its oil production capacity target of 12 million barrels per day (bpd) in 2009, an Aramco official said on Sunday.

The start of Aramco’s 500,000 bpd Khursaniyah oilfield was delayed a few months to the first quarter this year from December last year.


Other expansion projects in the world’s largest oil exporter through to 2009 remain on schedule, Aramco’s Senior Vice President of Exploration and Production Amin al-Nasser said.

“We are going up to 12 million bpd (oil production capacity) in 2009,” Nasser said at a presentation to an energy conference in Riyadh.

…He did not explain why Khursaniyah and Moneefa were delayed.

Reuters