ARAMCO CEO Amin Nasser said Saudi Arabia is working to raise capacity of its
east–west oil pipeline network to as much as 10 mln barrels per day to guard
against Middle East supply disruptions. The east–west pipeline links eastern
producing provinces to the Red Sea Yanbu export terminal and currently
transports about 7 mln bpd, roughly 2 mln bpd of which feeds domestic
refineries. ARAMCO is conducting engineering studies to open additional export
routes and reduce reliance on major shipping lanes; it currently exports crude
via the Strait of Hormuz, Bab al-Mandeb and the Sidi Kerir terminal on Egypt’s
Mediterranean coast.