ENERGY

King Salman inaugurates $42.7 bln projects by Saudi Aramco

Saudi King Salman inaugurates a number of oil giant projects of Saudi Aramco and King Abdulaziz Center for World Culture in Dhahran (SPA)

Saudi Arabia’s King Salman bin Abdulaziz Al Saud inaugurated on Friday a number of oil giant projects of Saudi Aramco and the King Abdulaziz Center for World Culture in Dhahran.

The oil projects were worth around $42.66 billion (160 billion Saudi riyals) with a total total production capacity about 3 million barrels, according to Saudi Press Agency.

On arrival at the Planning and Regulating Oil Supply Center of Saudi Aramco in Dhahran, the King was received by Prince Saud bin Naif bin Abdulaziz, Governor of the Eastern Region, Prince Faisal bin Turki bin Abdulaziz, Adviser at Ministry of Energy, Industry and Mineral Resources, Khalid al-Falih, Minister of Energy, Industry and Mineral Resources, and Amin bin Hassan al-Nasser, President and CEO of Saudi Aramco.

King Salman was briefed on the Planning and Regulating Oil Supply Center and watched a visual presentation on the history of Saudi Aramco.

Minister of Energy, Industry and Mineral Resources of Saudi Arabia Khalid A. Al-Falih speaks during the inauguration of the projects. (SPA)

Al Nasser said the Planning and Regulating Oil Supply Center is an evolving center through which the new mega-projects were being inaugurated. “This center for coordinating operations is the main control center of the Company's operations and it has no parallel in the world. The Center controls the production of 15 million barrels equivalent of oil crude and gas through an integrated network of facilities on the land and the sea and in all regions of the Kingdom,” he added.

Following that, the King Salman inaugurated the projects, lifting the joystick for energy to flow from the plants. 

Archaeological  exhibition 

The King then went to the headquarters of King Abdulaziz Center for World Culture in Dhahran and was received by Crown Prince Mohammed bin Naif bin Abdulaziz, Deputy Premier and Minister of Interior.

He watched a collection of historical photos of late King Abdulaziz and a replica of King Abdulaziz Center for World Culture in Dhahran and he was briefed on it.

The King inaugurated the exhibition of ‘Archaeological Masterpieces of the Kingdom and Trade Routes in the Arabian Peninsula’. (SPA)

The King inaugurated the exhibition of ‘Archaeological Masterpieces of the Kingdom and Trade Routes in the Arabian Peninsula’ by the Saudi Commission for Tourism and National Heritage.

The King was briefed by Prince Sultan bin Salman bin Abdulaziz, President of Saudi Commission for Tourism and National Heritage, on the exhibition whch had earlier toured four European museums and five American museums during which it received more than three million visitors.

After the King watched models of pieces of the exhibition, he approved the launching of the exhibition on its Asian tour which begins in Beijing from December 20, followed by Korea and Japan.

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Last Update: Thursday, 1 December 2016 KSA 17:20 - GMT 14:20
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King Salman inaugurates $42.7 bln projects by Saudi Aramco
Visits the King Abdulaziz Center for World Culture in Dhahran and inspects exhibits
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