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Saudi Arabia develops new supply support lines
Prince Abdulaziz bin Salman, the Saudi Minister of Energy, confirmed that Saudi Arabia is working on developing additional pipelines to provide alternative routes for oil exports, aiming to ensure the continuity of supplies to global markets and restore market stability—particularly through the East-West pipeline, which enhances the reliability of exports in case other routes are disrupted. He emphasized that energy security requires diversifying sources among oil, gas, renewable energy, and nuclear power, warning that excessive reliance on net-zero policies may hinder achieving energy security. He also affirmed that Saudi investments in the refining sector and international partnerships, including with China, the United States, and Korea, contribute to supporting energy supply stability, highlighting that the responsibility for energy security lies with the entire international community.
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