Saudi Arabia to Boost Oil Pipeline Capacity to 10 Million Barrels/Day

• Saudi Aramco aims to raise its East-West Crude Oil Pipeline capacity to 10 million barrels a day.
• The current capacity of the pipeline is approximately 7 million barrels a day.
• The pipeline, also known as the Petroline, serves as an alternative route to the Strait of Hormuz.
• Aramco CEO Amin Nasser announced the plans this week.
• Engineering studies are being conducted to support the capacity increase.