Saudi Arabia's oil production and exports have been disrupted by
The company produced 10.3 million barrels per day of crude last year, touting the lowest cost in the world to produce crude, at $2.8 a barrel, according company documents. It also produced 1.1 million barrels of natural gas liquids and 8.9 billion standard cubic feet per day of natural gas.Almost three-quarters of Aramco’s crude exports, about 5.2 million bpd, were delivered to customers in Asia last year, where it believes demand will grow faster than elsewhere in the world.
Aramco is also expanding its oil refining and downstream capacity in the region, particularly in rapidly growing countries such as China and India. Aramco in 2018 had a net refining capacity of 3.1 million barrels per day.With 76,000 employees in 2018, Aramco has energy industry operations, research facilities and offices scattered across the globe, in Asia, Europe and the Americas. It has country offices in Beijing, New Delhi, Singapore, New York, London, Houston and elsewhere.
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