Rising costs triggered Saudi Aramco expansion halt, analysts claim

Project development costs have risen sharply in the post Covid-19 scenario, prompting many operators to rework their cost estimates for large-scale developments

Rising costs: Amin Nasser, chief executive of Saudi Aramco.
Rising costs: Amin Nasser, chief executive of Saudi Aramco.Photo: AFP/SCANPIX
Published 6 February 2024, 03:31Updated 6 February 2024, 16:26