Aramco Faces Serious Risks From Climate Change, Report Says
- Rising sea levels and heat will put infrastructure at risk
- Part of Yanbu refining facility could be under water by 2030
Photographer: Simon Dawson/Bloomberg
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Climate change poses a serious risk to Saudi Aramco’s long-term business as rising sea levels and temperatures could damage infrastructure, curb productivity and even halt some of its operations.
Sea level rises pose the biggest threat to Aramco’s business and may lead to some of its refining facilities being underwater in the next few decades, making it more difficult for the company to operate, the Paris-based consultant Callendar, said in a report.