
"This quick recovery reflects the high operational resilience and crisis management efficiency of Saudi Aramco and the kingdom's energy ecosystem as a whole, thereby enhancing the reliability and continuity of supplies to local and global markets."
"Khurais produces the type of light crude that Aramco had been pumping through the East-West pipeline, while Manifa and Aramco's other offshore deposits generally pump thicker and heavier barrels."
Saudi Arabia has fully restored the pumping capacity of its East-West pipeline to 7 million barrels per day, following a strike that previously reduced throughput by 700,000 barrels. The country has increased crude shipments from its Red Sea terminals significantly since late February due to the shutdown of the Strait of Hormuz. Restoration efforts also included output from the Manifa oil production facility, while work continues at the Khurais complex, which had faced production cuts from attacks. The energy ministry emphasized the resilience of Saudi Aramco and the kingdom's energy sector.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]