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Monday, September 16, 2019

Saudi Abqaiq attack: Wait for Aramco statementnote

Saudi Aramco plants in Abqaiq and Khurais came under attack on Sept. 14, 2019. The attack caused a major disruption in oil supplies, as they resulted in production suspension of 5.7 million barrels of crude oil per day, according to Aramco official website.

The Saudi authorities are conducting a thorough investigation to figure out how the attack is done and from where it was launched.

Although the Yemeni Houthi rebels claimed responsibility for it, there is yet no conclusive evidence that it was launched from Yemen.

Meanwhile, the Saudi authorities prefer waiting for the results of the investigations to take the appropriate action, but in the meantime, the works continue to bring oil production back to normal as soon as possible.

Reports from Riyadh suggest that the Saudi authorities are not concerned by any published details about the attack not issued by either Saudi Aramco or the Energy Ministry.

The same reports quote Saudi Energy Minister Prince Abdulaziz Bin Salman Bin Abdulaziz as saying in this context that Saudi Aramco will issue a statement about the damage caused by the attack as soon as possible.

Prince Abdulaziz advised to wait for the statement and be careful with any news that circulate about the damage.

He hinted that one of the options is to convene a meeting for OPEC + members to examine the situation and take a unified position about how to the deal with it and the policy which should be adopted to keep the oil market balanced and under control.

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