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Saudi Energy Minister talks about Aramco’s 2027 target


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Saudi Energy Minister Prince Abdulaziz bin Salman confirmed that Aramco does not need marketing.

In television statements, Prince Abdulaziz bin Salman said: “The company promotes itself in terms of competence, ability, connection to the world, its ability to win contracts, its localization programs and everything that can be mentioned … the best service we have suppliers, best sellers and manufacturers.”

The minister added: “Despite this, the pre-design and engineering stages have taken us two years, and we will reach the goal by 2027. We are talking about one million barrels.”

He added: “With all the power that Aramco has, financial liquidity and decision making, one board, one decision and one administration… no partners and building a strong relationship with the owner who is also a franchisor, and it will take seven years”.

video | Energy Minister Prince Abdulaziz bin Salman: We don’t need marketing for Aramco as it sells

– Al Ekhbariya Channel (@alekhbariyatv) February 17, 2023

Source: Al-Ekhbariya

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