Saudi aims to boost pipeline capacity to 10 MBD
The article discusses Saudi Arabia's efforts to enhance energy security and sustainability, focusing on its hosting of the Global Oil Conference in Riyadh, the first of its kind in the kingdom's history. Energy Minister Prince Abdulaziz bin Salman affirmed that Saudi Arabia is addressing current challenges by implementing the goals of Vision 2030 and expanding oil pipeline capacity to 10 million barrels per day within 2-3 years. This aims to strengthen the country's ability to meet global demand and ensure market stability. He also highlighted that the resilience of the sector stems from long-term investments in infrastructure, supply chains, and developing the national workforce, with an emphasis on building capabilities of domestic institutions like Aramco, localizing energy-related industries, and ensuring continuous supply. The minister reiterated that Saudi Arabia remains committed to investing in reliable and renewable energy sources and developing emission reduction technologies, aiming to position itself as a responsible and resilient global energy leader while maintaining the security and stability of supplies amidst regional and international challenges.
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