#SaudiOilPipelinePlans

About SaudiOilPipelinePlans

Saudi energy minister said Oct 12 it aims to bypass the Gulf with 10M bpd capacity in 2-3 years and may convert gas pipelines to add 1.2M bpd in 7-8 weeks. Its East-West pipeline carries 5.8M bpd vs 7M capacity. Expansion to cut Hormuz reliance remains planned. Repeated Houthi airport attacks, including an Oct 10 Riyadh strike with heavy casualties, highlight risks. Can pipeline upgrades deliver actual exports, or will costs, pipeline security and Red Sea shipping risks limit gains?