Rather than investing $100B in production expansion from the current 12.5MM b/d to 15MM b/d, Saudi Arabia will instead "invest heavily in gas, in downstream, in refining and, something that is new to Aramco, in chemicals," CEO of Saudi Aramco Khalid al-Falih said. Riyadh output was boosted to 10MM b/d in order to compensate for lack of production from Libya earlier this year. This pressure that had been on Saudi Arabia to raise output capacity has subsided, adding to the decision to not move forward with the expansion. In addition, shale gas resources will be developed by the company in the future with a number of wells drilled this year for geology testing and conducting preliminary models. Unconventional oil resources in the US, Iraq, and Brazil will be its competition.
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机译：与其在现有的12.5MM b / d至15MM b / d上投资$ 100B进行生产扩展，沙特阿拉伯将“在天然气，下游，炼油以及对Aramco而言是新的东西中，对化学品进行大量投资”。沙特阿美公司首席执行官哈立德·法利赫说。利雅得的产量提高到了10MM b / d，以弥补今年早些时候利比亚的产量不足。沙特阿拉伯一直在提高产量的压力已经减轻，这增加了不继续扩张的决定。此外，该公司将在未来开发页岩气资源，并在今年钻探了许多用于地质测试和进行初步模型的井。美国，伊拉克和巴西的非常规石油资源将是它的竞争者。
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