Drone attacks on two Saudi Aramco facilities will lead to 5.7 million barrels or a 50-percent drop in the oil giant’s production, the Saudi energy minister has said. Houthi rebels claimed responsibility for the attacks .
Explosions rocked an oil refinery in the city of Abqaiq in the kingdom’s oil-rich Eastern Province, and another facility at the vast Khurais oil field on Saturday morning, sparking huge blazes that ravaged the facilities for hours.
Prince Abdulaziz bin Salman said the attacks crippled the facilities, forcing Saudi Aramco to partially halt crude and gas production, but the company was working on recovering the lost quantities and would make an update within 48 hours. The decrease in supplies will be compensated in part through the company’s oil reserves, the minister said.
Continue reading https://on.rt.com/a1rb