Saudi Aramco pauses expansion of its oil production capacity beyond 12 million bpd



Saudi Aramco, the world’s largest oil exporter, is to pause the further expansion of its oil production capacity, following a governmental directive.

“Aramco announces that it has received a directive from the Ministry of Energy to maintain its maximum sustainable capacity (MSC) at 12 million barrels per day and not to continue increasing MSC to 13 million bpd,” the company said in a statement on Tuesday.