11 Hrs
Source:
الاقتصادية
Saudi Arabia Restores Pipeline Oil Flow
Saudi Arabia has restored oil flows through the East-West pipeline to 5.8 million barrels per day after a temporary disruption. This recovery occurred within five to six days of the attack it sustained, according to Energy Minister Prince Abdulaziz bin Salman. He confirmed that the rapid restoration of the pipeline was possible thanks to the Kingdom's energy sector localization program, which contributed to increasing the pipeline's export capacity to around 7 million barrels per day through technologies that help alleviate pressure without the need for pipeline expansion. The pipeline serves as a strategic response to bypass the Strait of Hormuz and reduce reliance on transit routes passing through conflict-prone regions. It reflects Saudi Arabia's approach to localizing its entire energy system and securing oil supplies amidst international challenges.
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