Aramco aims for net zero emissions from operations by 2050, CEO says By Reuters

© Reuters. FILE PHOTO: An Aramco oil tank is seen on the Manufacturing facility at Saudi Aramco’s Shaybah oilfield within the Empty Quarter, Saudi Arabia Could 22, 2018. Image taken Could 22, 2018. REUTERS/Ahmed Jadallah/File Photograph

RIYADH (Reuters) – Saudi Aramco (SE:) goals to realize internet zero emissions from its operations by 2050 whereas additionally constructing hydrocarbon capability and increasing its most sustained manufacturing capability to 13 million barrels per day, Chief Govt Amin Nasser mentioned on Saturday.

“Saudi Aramco will obtain the ambition of being internet zero from our operations by 2050,” Nasser instructed the Saudi Inexperienced Initiative summit, the place the dominion’s crown prince earlier introduced the Gulf Arab state would obtain internet zero by 2060.

Nasser mentioned funding in fuel would permit Aramco to get rid of a whole lot of the liquid burning within the kingdom.

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