After the attacks "Aramco" .. Saudi Arabia will become a major buyer of petroleum products!

Saudi Arabia is on the verge of becoming a major buyer of refined products after the Saturday bombings, which resulted in the halt of more than half of its crude oil and its gas production, said the energy consultant Energy Aspects.

The company said in a note on Sunday that "the loss of gas has affected refining operations and could reduce consumption rates by one million barrels a day, which provides heavy and medium crude oil to the market. ;export".

Saudi Aramco will likely purchase significant quantities of gasoline, diesel and possibly fuel oil while reducing its liquefied petroleum gas exports, according to Energy Aspects.

Production of about 5.7 million barrels of Saudi crude per day came to a halt on Saturday as a result of drone attacks by the Yemeni group "Houthi".

Energy Aspect said that in addition to oil, the attacks have disrupted 18% of natural gas production and 50% of ethane and gaseous production in the Kingdom.

According to the company, about half of Saudi lost crude oil production is expected to resume Monday, but a full recovery may take weeks.

The quality of light Arab crude and light Arab crude, she said, could also have been affected by the high hydrogen content "sulfur", which reduced the "appetite" of refineries.

Exports will be maintained through draws of 50 to 60 million barrels of domestic crude, mainly to Ras Tanura, according to the company.