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In the first half of 2019, this figure was $ 46.9 billion. At the same time, only in the second quarter, net profit fell 4 times, to $6.6 billion.
"Our results for the second quarter reflect the strong impact of reduced demand and oil prices," - the release of the company quotes its head Amin Nasser.
At the same time, the company maintains its forecast for the volume of capital expenditures in 2020 at the level of $ 25-30 billion, but expects them closer to the lower level of the range.
"Aramco continues to optimize its capex program and expects it to be closer to the lower end of the $ 25-30 billion range," the company said.
source: bloomberg.com
"Our results for the second quarter reflect the strong impact of reduced demand and oil prices," - the release of the company quotes its head Amin Nasser.
At the same time, the company maintains its forecast for the volume of capital expenditures in 2020 at the level of $ 25-30 billion, but expects them closer to the lower level of the range.
"Aramco continues to optimize its capex program and expects it to be closer to the lower end of the $ 25-30 billion range," the company said.
source: bloomberg.com
