finance
Saudi Refinery Operating at 70% Capacity After April Drone Strikes
A Saudi Arabian refinery hit by drones in April will not return to full operations until early 2027. TotalEnergies CEO Patrick Pouyanné told France’s National Assembly the 460,000-barrel-per-day SATORP facility is still running at 70% capacity.
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A Saudi Arabian refinery damaged in April remains at 70% capacity and is not expected to reach full operations until early 2027.
Pouyanné said the 460,000-barrel-per-day SATORP refinery in Saudi Arabia received three drone strikes in April. Pouyanné made the remarks before France’s National Assembly on Wednesday.
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Pouyanné linked the extended recovery period to ongoing questions about fuel market stability.
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