Gulf Oil and Gas accountACCOUNT

Aramco Says Exporting Crude Oil Normally in Sandstorm

Source: Bloomberg 3/4/2012, Location: Middle East

Saudi Arabian Oil Co. is shipping crude normally today from terminals in the Persian Gulf, the world’s largest oil exporter said, even as sandstorms stop other kinds of cargo from leaving the nation’s main eastern port.

“There was no interruption to company export operations” since the bad weather struck on March 1, the state producer, known as Saudi Aramco, said in an e-mailed statement. Aramco operates six ports and terminals independently of the government, with two of them -- Ju’aymah and Ras Tanura -- on the kingdom’s Gulf coast, according to the company’s website.

Operations at King Abdul Aziz Port in Dammam were suspended yesterday, the commercial port’s General Director Naim al-Naim said, according to the newspaper al-Eqtisadiah.

Financials and Investment News in Saudi Arabia >>

United Kingdom >>  2/15/2019 - Angus Energy has announced that the Company has placed, subject to admission to trading on AIM, 55,000,000 new Ordinary Shares in the Company with exi...
Egypt >>  2/14/2019 - Dana Gas PJSC ("Company"), the Middle East's largest regional private sector natural gas company, today announced its Preliminary Unaudited Financial ...

Saudi Arabia >>  2/14/2019 - Saudi Aramco has selected banks to arrange its first international debt sale which will help it finance the acquisition of a stake in Saudi Arabian Ba...
Australia >>  2/12/2019 - Carnarvon Petroleum Limited is conducting a placement to institutional and sophisticated investors to raise approximately $50 million. The Placement c...

Norway >>  2/7/2019 - DNO ASA, the Norwegian oil and gas operator, announced 2018 net profit of USD 354 million on revenues of USD 829 million, the highest annual revenues ...
Tanzania >>  2/7/2019 - The Company is pleased to announce that as it enters a period of operations it has raised approximately £1.85 million (approximately $2.40 million) be...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.