Latest news and articles about East-West pipeline from NEX English
Saudi Aramco announced a strong profit increase of <strong>25%</strong> in the first quarter of the year, driven by its strategy to diversify transportation routes through the East-West pipeline. This announcement comes amid notable fluctuations in the global oil market.
Saudi Arabia has announced the restoration of full capacity for its East-West pipeline, achieving a production capacity of <strong>7 million barrels per day</strong>. This milestone enhances the kingdom's ability to export oil amid global challenges.
Saudi Arabia has announced the restoration of pumping capacity in its main energy facilities, reflecting the recovery of the vital 'East-West' pipeline. This development comes at a critical time as the country seeks to enhance energy security and meet the rising demand in both local and international markets.
Amid escalating tensions with Iran, Saudi Arabia is shifting part of its oil exports to Yanbu port through the East-West pipeline. This move is a precautionary measure to counter any threats to the Strait of Hormuz.