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.
An important Saudi pipeline, "East-West", to bypass the Strait of Ormuz, is now pumping 7 million barrels of oil daily, which is the maximum allowable level for it, reported by Bloomberg with reference to its own sources. Tank flotillas have been diverted to the port of Yanbu on the Red Sea, which has become a critical artery for the world's energy supply. According to sources familiar with the situation in Saudi Arabia's oil industry, crude oil…
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.
At present, about seven million barrels of oil per day are pumped through a huge pipe laid through the desert.
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