Saudi Arabia intercepts new Houthi attacks

DUBAI: Saudi Arabia aims to boost its pipeline oil export capacity to a potential 10 million barrels per day, according to Energy Minister Prince Abdulaziz bin Salman. This expansion could be achieved by repurposing a domestic gas pipeline and investing in the kingdom's existing East-West network. Within a short span of seven to eight weeks, Saudi Arabia could increase its oil export capacity by up to 1.2 million barrels per day by temporarily converting a gas pipeline for crude shipments.

The minister disclosed that this potential increase could reach up to 3 million barrels per day with further investment in the infrastructure. Prince Abdulaziz informed Saudi Aramco that the pipeline could be utilized for oil transport until May. Following this period, the pipeline would need to be cleaned and returned to its original gas service ahead of the summer season.

Prince Abdulaziz also mentioned that upgrades to pumping stations on Saudi Arabia’s East-West pipeline and other infrastructure projects could potentially elevate the kingdom's capacity to divert shipments away from its main maritime Gulf and Red Sea routes, reaching approximately 10 million barrels per day over the next two to three years.