Saudi pipeline pumping 7 million bpd of oil, bypassing Hormuz, Bloomberg News reports
Saudi Arabia’s pipeline reroutes 7 million barrels per day to Yanbu, maintaining export flow despite the Strait of Hormuz closure by Middle East conflict.
- Saudi Arabia's East-West pipeline is operating at full capacity, pumping 7 million barrels of oil per day to bypass the Strait of Hormuz.
- Oil exports through the Red Sea port of Yanbu have reached 5 million barrels per day, with an additional 700,000 to 900,000 barrels of oil products also exported daily.
- About 2 million barrels of the oil pumped through the East-West pipeline are allocated for Saudi refineries.
- The bypass of the Strait of Hormuz via the pipeline and the use of the Yanbu route have helped prevent oil prices from reaching the high levels seen in previous supply crises.
24 Articles
24 Articles
The East-West pipeline of Saudi Arabia, which avoids the Strait of Ormuz, pumps petr leo up to 7 million barrels per day.
Over the years, Saudi Arabia has built an alternative route for its oil: not decisive, but credible. That's what it is - and why it concerns us
Response to the Blockade of the Strait of Hormuz: Saudi Arabia Begins Pumping Oil Through the Desert
The important Saudi East-West pipeline, which bypasses the Strait of Hormuz, is currently operating at the limit of its capacity, pumping 7 million barrels of oil daily.
For the first time in history.
Built in 1981, the oil pipeline to the port of Yanbu reached its maximum capacity after the closure of the Strait of Hormuz. Saudi Arabia has brought its strategic East-West Oil Pipeline to full capacity for the first time in history. This will partially mitigate the impact of the energy crisis caused by the operation against Iran, according to RBC-Ukraine, citing Bloomberg and Al Arabiya. Read also: Closed, but not for everyone. Which countries…
Saudi Arabia now seems to be fully exploiting its most important alternative route, thus cushioning the consequences of Iran's blockade in the Strait of Hormus.
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