“We [Saudi Arabia] may end up with 10 million barrels within the next two to three years,” as “we are improving the pump stations of the East-West pipeline,” Energy Minister Prince Abdulaziz bin Salman told the WPC Energy Congress in Riyadh.
His other key statements:
🟥 Saudi Arabia could begin using a converted gas pipeline to transport around 1.2 million barrels of crude per day within seven to eight weeks. Additional investment could eventually raise its daily capacity to 3 million barrels
🟥 Aramco CEO Amin Nasser has been informed that the pipeline could remain in use for crude until May, before being restored to its original role supplying domestic gas during the summer
🟥 Saudi Arabia and Aramco are also developing a more flexible system that would allow the pipeline to switch between oil and gas. The project involves installing the necessary pumping stations and compressors to accommodate either type of flow, depending on the kingdom’s needs
The East-West pipeline connects Saudi Arabia’s oil-producing region in the east with the Red Sea coast, providing an alternative route for crude exports that bypasses the Strait of Hormuz.
Amid repeated Houthi attacks on energy and aviation infrastructure, expanding pipeline capacity is part of Saudi Arabia’s broader effort to strengthen the resilience of its energy sector and secure its export routes.
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