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Saudi Arabia eyes raising its pipeline oil export capacity to 10 million bpd, energy minister says
DUBAI: Saudi Arabia is looking to expand its pipeline crude export capacity to as much as 10 million barrels per day by repurposing a domestic gas pipeline and investing in its existing East-West network, Energy Minister Prince Abdulaziz bin Salman said on Monday. Saudi Arabia could add up to 1.2 million barrels per day of oil export capacity within seven to eight weeks by temporarily converting a gas pipeline for crude shipments. Up to 3 million bpd could be added in total with further investment, Abdulaziz said at the World Petroleum Congress in Riyadh. East-West oil pipeline pumping halted ...
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