Highlights Capacity gains to 13 mil b/d will be incremental Neutral Zone shared with Kuwait producing 120,000 b/d Aramco will ‘skip’ LNG, focus on developing hydrogen Dubai — Saudi Aramco is conducting engineering analysis for how to expand its maximum sustained crude oil production capacity to 13 million b/d, but the work could be pushed forward if market conditions require extra Saudi supplies, CEO Amin Nasser said March 22. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “That [capacity expansion] will come in increments. They don’t have to come all at one time, over the next few years,” Nasser said, during Aramco’s 2020 financial results call March 22. “We can accelerate if the market calls for it, but the work at the moment is at the detailed engineering phase.” As Saudi Arabia and Russia launched a price war in March 2020 after the collapse of […]