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June 30, 2008       Share:    

Source: http://ap.google.com/article/ALeqM5housrFs-9ventOTJ-7ljHA9m8SIQD91JTOR00

Giant Saudi Field Is Key to Boosting Oil Output

[ AP] Sebastian Abbot - Saudi Arabia's state-owned oil company, Aramco, is spending $10 billion to build the infrastructure to pump 1.2 million barrels of oil per day by next June from the Khurais field and its two smaller neighbors. That alone would be more than the total individual production of OPEC members Qatar, Indonesia and Ecuador.

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