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Kingdom Bolsters Energy Security
The article focused on Saudi Arabia's efforts to strengthen global energy supply security by expanding Aramco's plans to ensure the stability of oil and gas in the international market. Aramco revealed strategies to increase its export capacities, including developing diversified export routes such as the East-West pipeline, which allows for the export of over 7 million barrels per day, with studies underway to raise this to 10 million barrels. The company is also working on expanding storage capacities, especially in Asia, to enhance resilience against disruptions, relying on national expertise and modern technology to respond swiftly to crises. Additionally, the company continues to implement gas projects exceeding $50 billion annually to support energy diversification and reduce dependency on oil, all while maintaining its ability to face global challenges and ensure market stability.
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