- Title: Saudi oil minister says country showed resilience, is proud of Aramco
- Date: 2nd October 2019
- Summary: MOSCOW, RUSSIA (OCTOBER 2, 2019) (RUSSIAN POOL) SESSION OF RUSSIAN ENERGY WEEK FORUM IN PROGRESS VARIOUS OF AUDIENCE (SOUNDBITE) (English) SAUDI ARABIA ENERGY MINISTER PRINCE ABDULAZIZ BIN SALMAN, SAYING: "I would say that Saudi Arabia is a consumer-oriented country. And we have - even under this stressful environment - (OVER AUDIENCE LISTENING) demonstrated our resilience as a government over constraint (OVER WIDE OF PANEL) as a government I must say also. And the resilience of the country operating. We are proud (BACK TO PRINCE ABDULAZIZ) of the Saudi and non-Saudi that have (been) working for Aramco." MEMBER OF AUDIENCE (SOUNDBITE) (English) SAUDI ARABIA ENERGY MINISTER PRINCE ABDULAZIZ BIN SALMAN, SAYING (SPEAKING ABOUT CUSTOMERS OF SAUDI OIL COMPANIES): "(STARTS OVER WIDE OF PANEL) I think that most of them, I am sure that all of them are satisfied with our performance." AUDIENCE
- Embargoed: 16th October 2019 10:36
- Keywords: ARAMCO Aramco attacks oil market drone attack oil production OPEC OPEC + Abdulaziz bin Salman
- Location: MOSCOW, RUSSIA
- City: MOSCOW, RUSSIA
- Country: Russia
- Topics: Government/Politics,International Trade
- Reuters ID: LVA001AZEM0ZX
- Aspect Ratio: 16:9
- Story Text:Saudi Energy Minister Abdulaziz Bin Salman said on Wednesday (October 2) that Saudi Arabia has shown resilience following drone attacks on its oil plants.
Speaking at energy forum in Moscow, Abdulaziz Bin Salman also said his country has always been keeping customers satisfied.
The attacks targeted the Abqaiq and the Khurais plants, causing a spike in oil prices, fires and damage that halved the crude output of the world's top oil exporter, by shutting down 5.7 million bpd of production.
Saudi Arabia has managed to maintain supplies to customers at levels before the attacks by drawing from its huge oil inventories and offering other crude grades from other fields, Saudi officials have said.
Saudi officials have said Aramco will reach 12 million bpd of capacity by November.
Yemen's Houthi group claimed responsibility for the attacks, but a U.S. official said they originated from southwestern Iran and Riyadh blamed Tehran. Iran, which support the Houthis in Yemen's war, has denied any involvement in the attacks.
(Production: Maria Vasilyeva, Dmitry Turlyun)
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