18 Hrs
Source:
الاقتصادية
Aramco Aims to Boost East-West Pipeline Capacity
The article focused on Saudi Aramco's efforts to increase its export capacity by raising the throughput of the East-West pipeline from 7 to 10 million barrels per day, along with exploring new export routes to enhance its resilience in the energy market. The market has recently been affected by losses of approximately 3 billion barrels of supplies since the onset of the crisis caused by the war in the region. It also highlighted that the crisis has contributed to a decline in global oil demand. The company's strategies, such as expanding pipelines and external storage, have helped maintain the flow of supplies. Additionally, the importance of human resources and technology in improving resilience and reducing costs was emphasized. The article confirmed that Aramco continues its projects and investments aimed at increasing gas production by 80% by 2030, while creating significant added value through ongoing digital transformation.
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