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Saudi Arabia’s Aramco Gets $47 Billion for First Half of Year


Sun 08 Aug 2021 | 03:50 PM
Omnia Ahmed

Saudi Arabia’s oil-producing crown jewel, Aramco, announced, Sunday, a net income of around $47 billion for the first half of the year.

That is double what it earned in the same period last year when COVID-19 grounded travel and pummeled global demand for oil.

"On the other hand, Aramco said the Qassim petroleum products distribution station has resumed work and there is no shortage of petroleum supplies in the station," the state agency (SPA) reported on Saturday.

The Saudi giant added that the station is now working to restore normal levels of operations. Earlier on Saturday Aramco said that it was fixing a technical malfunction at the station.