(MENAFN) Saudi Arabia's oil exports profits reached USD199.15 million during the January-August period, with 1.84 billion barrels being imported abroad, Arab News reported.
Meanwhile, domestic consumption during the cited period amounted to 23 percent of the total output, with around 553 million barrels.
These figures led Saudi Aramco to state that the company is planning to spend USD39.99 billion in the next 10 years in investments to be able to maintain stability in its oil production and double its gas production as well.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.