How Saudi Arabia is bypassing the Strait of Hormuz using its East-West oil pipeline
12 Articles
12 Articles
Countries in the region are looking for bypass routes to continue exporting oil during the war.
Strait of Hormuz disruption: What are the alternative oil routes available?
Riyadh offered its customers an option to deliver their April allocation via the Red Sea port of Yanbu. However, they will only get a portion of their April supply, according to a Bloomberg report. It depends on how much crude the pipeline – which is 1,200 km long – to the Yanbu port can carry.
Saudi Arabia gives oil buyers Red Sea option due to crisis in Strait of Hormuz
Saudi Arabia is rerouting oil shipments through the Red Sea port of Yanbu. This move prepares for potential disruptions in the Strait of Hormuz. Customers can choose Yanbu for a portion of their April supply. Alternatively, they can opt for Persian Gulf deliveries at risk of no oil. This reflects uncertainty over the ongoing conflict and the strait's reopening.
How Saudi Arabia is bypassing the Strait of Hormuz using its East-West oil pipeline
Saudi Arabia’s 1,200-km East-West pipeline can transport up to seven million barrels of oil per day from Abqaiq to Yanbu, bypassing the Strait of Hormuz. About five million bpd is currently used for exports while five million bpd supplies domestic refineries, helping sustain roughly 70 per cent of normal Saudi crude exports
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