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Saudi Arabia plans to boost oil pipeline capacity
Saudi Arabia aims to increase the capacity of its oil pipelines to 10 million barrels per day over the next two to three years by optimizing pumping stations along the East-West pipeline and developing dual-use gas pipelines, enabling the transport of approximately 1.2 million barrels per day within 7-8 weeks. The government is also considering privatizing pipeline ownership and services, with international partners such as Kuwait, to enhance infrastructure protection and diversify export routes, even though the pipeline's current maximum capacity is around 7 million barrels per day. Despite geopolitical tensions, the Kingdom has maintained high levels of oil exports, with average exports during the first week of October reaching 5.31 million barrels per day, and expectations of revealing figures that surpass previous projections in the future.
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