Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass the Strait of Hormuz to 10 million barrels per day (bpd) within two to three years, Saudi Energy Minister Prince Abdulaziz bin Salman said at the WPC Energy Congress in Riyadh. The pipeline, which ret
Source: OilPrice.com
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DW NOTE
The East-West Pipeline currently carries 5 million barrels per day to Yanbu — but if Hormuz is closed, that's not a bypass route, it's the only route. Saudi Arabia isn't planning for risk, they're retrofitting their export infrastructure for a world where the Strait never reliably reopens.