THE INAUGURATION OF SAUDI ARAMCO'S NEW HARADH GOSP-3 RECENTLY BY ALI I. AL-NAIMI, THE MINISTER OF PETROLEUM AND MINERAL RESOURCES, MARKED A WATERSHED ACHIEVEMENT IN THE OIL INDUSTRY AND INJECTED NEW OIL INTO WORLD MARKETS. THE GAS-OIL SEPARATION PLANT CAPS THE MASSIVE HARADH-3 INCREMENT PROJECT, WHICH IS DESIGNED TO PRODUCE 300,000 BARRELS PER DAY OF ARABIAN LIGHT CRUDE AND BOOST SAUDI ARABIA'S MAXIMUM SUSTAINED CAPACITY TO 11.3 MILLION BARRELS PER DAY (BPD), WHILE MAINTAINING A SURPLUS CUSHION OF APPROXIMATELY 1.5 MILLION BPD. THE GOSP WILL ALSO PROCESS 140 MILLION STANDARD CUBIC FEET OF ASSOCIATED NATURAL GAS PER DAY, ACCORDING TO A REPORT PUBLISHED BY SAUDI ARAMCO'S WEB-SITE. --MORE 10 05 LOCAL TIME 07 05 GMT
