(PTI)
Saudi Arabia has assured billionaire Mukesh Ambani’s Reliance Industries that it will supply all the committed crude oil volumes in October as the world’s largest oil exporter recovers faster than expected from the biggest attack ever on its oil industry.
Saudi Arabia’s “Aramco has been a major and reliable supplier of crude oil for Reliance for over 20 years, both in terms of volume of crude supply as well as a mix of various grades of crude oil,” Reliance said in an email response to a questionnaire on supplies from the Kingdom.
Saudi Arabia is still recovering from the September 14 drone and missile assault on its main oil facility that knocked out about 5.7 million barrels a day, about half of the country’s output. Its state energy company, Saudi Aramco, has vowed not to reduce shipments to customers as it draws down strategic reserves.
