Saudi starts pumping from Nuayyim

Top oil exporter Saudi Arabia began production from its 100,000 barrels per day Nuayyim oilfield this week, a Saudi industry source said today.

Nuayyim is one of three oilfield projects due for completion by the end of June to take Saudi total production capacity to 12.5 million barrels per day.

Potential capacity from the project was close to the full 100,000 bpd, the source said, declining to estimate current output.