East-West pipeline pumps oil at full 7M bpd capacity: Report

09:53 AM (Mecca time) Argaam


Saudi Arabia’s East-West pipeline is currently operating at its full capacity of 7 million barrels per day (bpd), Bloomberg reported, citing a source.

 

Crude exports via Yanbu are estimated at around 5 million bpd, while refined product exports range between 700,000 and 900,000 bpd, the source said.

 

Nearly 2 million bpd out of the 7 million bpd flowing through the pipeline are directed to domestic refineries.

 

Saudi Finance Minister Mohammed Al Jadaan recently said heavy investment in the East-West pipeline helped mitigate the impact of the global energy crisis.

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