RIYADH: Saudi Arabia has started production from its giant Khurais oil field. The Saudi Aramco’s mega oil project carried out at a cost of SR37 billion will bring more oil on stream than the production of Qatar or Indonesia and will boost the Kingdom’s production capacity from 11.3 million bpd to 12.5 million bpd this year. “The crude capacity of the Khurais field is 1.25 million bpd,” said Ali Al-Naimi, minister of petroleum and mineral resources. This is in addition to the 900,000 bpd Moneefa oil field expansion project that will be completed in 2013, two years later than the initial schedule, but only if global demand for crude warrants,” said the minister in a statement yesterday.