Minister of Petroleum and Mineral Resources Ali Al-Naimi inaugurated Saudi Aramco’s Haradh-3 plant in a ceremony yesterday, the Arab News reported today.
The plant, located around 174 miles southwest of Dhahran, is expected to add 300,000 barrels of light crude to Saudi Arabia’s production capacity.
Al-Naimi said that the project’s completion ahead of schedule and under budget is further indication of the Saudi oil industry’s ability to meet its commitments to the global oil markets.
The $500 million Haradh project was completed in January 2006. The Haradh-3 plant also has a gas-processing capacity of 140 million standard cubic feet per day of associated gas.