"Saudi Arabia Directs Aramco to Maintain Oil Production Capacity at 12 MMBD"
Originally Published 1 year ago — by Aramco
Aramco has been directed by the Ministry of Energy to maintain its Maximum Sustainable Capacity at 12 million barrels per day, as per the Hydrocarbons Law, and not to increase it to 13 million barrels per day. The company will update its capital spending guidance when its full-year 2023 results are announced in March.