The head of Saudi Aramco, Amin Nasser, said that the costs of building the east-west pipeline, which allows for the export of oil bypassing the Strait of Hormuz, were recouped within about 15 days. He said this during a phone call. According to him, this result was the result of a long-term approach to investments and was confirmed against the background of the current disruptions in trade flows in the region. Nasser also said that Saudi Aramco is able to quickly eliminate the consequences of attacks on infrastructure. The company completes disaster recovery work six times faster than the industry average thanks to dedicated on-call response teams. Aramco can respond to about 10 infrastructure incidents simultaneously while maintaining efficiency. "This is why we are able to restore operations in a matter of days - not weeks, months or years," he said. In addition, Saudi Aramco is working to expand the East-West pipeline from 7 million barrels per day to 10 million barrels per day, Nasser said. The company carries out preliminary technical studies of the project. It is also examining other alternative hydrocarbon supply routes to Hormuz and is carrying out planning and development work in several areas, but does not disclose details until final investment decisions are made. In addition, Aramco is expanding oil storage capacity in central demand centers and along export routes. The length of the East-West pipeline is about 1.2 thousand kilometers. km connects the fields of the eastern province of Saudi Arabia with the port of Yanbu on the Red Sea. Initially, its capacity was 1.8-2 million bps. Saudi Arabia's oil infrastructure facilities are periodically attacked by drones and missiles by the Houthis from the Yemeni Houthi movement. Energopol in Max energy policy site.

The head of Saudi Aramco, Amin Nasser, said that the costs of building the east-west pipeline, which allows for the export of oil bypassing the Strait of Hormuz, were recouped within about 15 days. He said this during a phone call. According to him, this result was the result of a long-term approach to investments and was confirmed against the background of the current disruptions in trade flows in the region. Nasser also said that Saudi Aramco is able to quickly eliminate the consequences of attacks on infrastructure. The company completes disaster recovery work six times faster than the industry average thanks to dedicated on-call response teams. Aramco can respond to about 10 infrastructure incidents simultaneously while maintaining efficiency. "This is why we are able to restore operations in a matter of days - not weeks, months or years," he said. In addition, Saudi Aramco is working to expand the East-West pipeline from 7 million barrels per day to 10 million barrels per day, Nasser said. The company carries out preliminary technical studies of the project. It is also examining other alternative hydrocarbon supply routes to Hormuz and is carrying out planning and development work in several areas, but does not disclose details until final investment decisions are made. In addition, Aramco is expanding oil storage capacity in central demand centers and along export routes. The length of the East-West pipeline is about 1.2 thousand kilometers. km connects the fields of the eastern province of Saudi Arabia with the port of Yanbu on the Red Sea. Initially, its capacity was 1.8-2 million bps. Saudi Arabia's oil infrastructure facilities are periodically attacked by drones and missiles by the Houthis from the Yemeni Houthi movement. Energopol in Max energy policy site.