Saudi Aramco oil exports jump

09 May, 2006

Saudi Aramco produced 3.3 billion barrels of crude oil last year and exported 2.62 billion barrels, the state oil firm of the world's top exporter said.
Average daily production was 9.1 million barrels per day (bpd) in 2005, up from 8.6 million bpd the previous year, Aramco said in an annual review posted on its Web site.
The Far East accounted for 49.7 percent of 2005 crude oil exports, Europe 7.7 percent and the United States 18.6 percent. Total crude oil production in 2004 was put at 3.15 billion barrels and exports at 2.47 billion barrels.
Aramco put recoverable reserves of gas, including associated and non-associated, at 239.5 trillion standard cubic feet.

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