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Energy Minister Aims to Boost Pipeline to 10M BPD
Saudi Arabia plans to increase its oil pipeline capacity to 10 million barrels per day over the next three years by improving efficiency and expanding the East-West pipeline, which transports crude from the east to the Port of Yanbu on the Red Sea. The goal is to diversify oil transportation routes and enhance security. Additionally, the plan includes preparing a dual-use pipeline (for oil and gas) with a capacity of around 1.2 million barrels per day, while also working to attract international participants to expansion projects to strengthen protection and security.
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