Saudi Arabia to boost pipeline crude export capacity to 10m bpd
Saudi Arabia plans to expand its pipeline crude export capacity to as much as 10 million barrels per day through repurposing a domestic gas pipeline and investing in its existing East-West network, Energy Minister Prince Abdulaziz bin Salman said on Monday. The kingdom could add up to 1.2 million barrels per day of oil export ...
Saudi Arabia aims to increase its pipeline crude export capacity to 10 million barrels per day, according to Energy Minister Prince Abdulaziz bin Salman. The expansion will involve repurposing a domestic gas pipeline and enhancing the existing East-West network, the minister announced during the World Petroleum Congress in Riyadh.
The kingdom could boost oil export capacity by up to 1.2 million barrels per day within a span of seven to eight weeks by temporarily converting a gas pipeline for crude shipments, the minister revealed. Prince Abdulaziz stated that Saudi Aramco could utilize the pipeline for oil transport until May, after which it would require cleaning and be returned to gas service prior to the summer season.
Infrastructure projects, including upgrades to pumping stations on Saudi Arabia's East-West pipeline and other enhancements, could further lift the kingdom's capacity to divert shipments from its primary maritime Gulf and Red Sea routes to approximately 10 million barrels per day over the next two to three years, as per the minister.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Saudi Arabia to boost pipeline crude export capacity to 10m bpd hellenicshippingnews.com
- Saudi Arabia: Aramco building attacked, fire breaks out israelnationalnews.com
- +966 Leaders Book: Ranking Saudi Arabia’s top business leaders by revenue arabianbusiness.com