Aramco Saudi CEO affirms resilience
Al-ANasser, the CEO of Saudi Aramco, confirmed that the company is capable of withstanding severe disruptions in oil supplies and has three main routes for exporting crude oil. He also mentioned that they are considering adding two more pathways to enhance their flexibility and meet demand. He explained that the East-West pipeline project consists of a network of lines, providing multiple options for exporting oil. He warned of a potential deterioration in the global energy situation due to significant supply disruptions, which has led to increased focus on expanding storage and transportation capacities to reinforce supply stability.
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