Energy Quote of the Day: Saudi Aramco Putting $40B of Its ‘Money Where Its Mouth Is”
By Jared Anderson
Saudi
Arabia’s state-owned oil company plans to invest $40 billion over the
next decade to maintain oil production capacity at 12 million barrels
per day, while doubling natural gas output. The Kingdom faces a dilemma
with much of its associated gas already being consumed by the oil sector
for enhanced recovery, the power generation sector
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