Saudi Arabia eyes raising its pipeline oil export capacity to 10 million bpd: energy minister
[DUBAI] Saudi Arabia is looking to expand its pipeline crude export capacity to as much as 10 million barrels per day by...
DUBAI - Saudi Arabia aims to increase its pipeline oil export capacity to up to 10 million barrels per day (bpd) through repurposing a domestic gas pipeline and enhancing its existing East-West network, Energy Minister Prince Abdulaziz bin Salman announced on Monday, October 12. The kingdom could potentially add 1.2 million bpd of oil export capacity within a span of seven to eight weeks by temporarily converting a gas pipeline for crude shipments, according to Abdulaziz, who addressed the World Petroleum Congress in Riyadh.
The minister disclosed to Saudi Aramco that the pipeline could be utilized for oil transport until May, after which it would require cleaning and readjustment for gas service prior to the summer season. Furthermore, Abdulaziz mentioned that upgrades to pumping stations along Saudi Arabia’s East-West pipeline, coupled with other infrastructure projects, could help raise the country's capacity to divert shipments away from its primary maritime Gulf and Red Sea routes, potentially reaching 10 million bpd within the next two to three years.
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