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Aramco senior VP for upstream Muhammad al-Qahtani told Reuters this month that the overhauling of the Mu’ajjiz terminal is nearing completion and it is set to open in 2018. Along with oil export facilities of around 4.5mn b/d at nearby Yanbu, this will put total Red Sea export capacity at approximately 6.1mn b/d.
Mr Qahtani puts current Saudi oil and refined products export capacity at 11.5mn b/d, with the bulk of the remainder at east coast facilities on the Gulf – 3.5mn b/d at Ras Tanura and 3mn b/d at Ras Ju’aymah (see map).
Yanbu receives crude from oil fields in the east of the kingdom through the 5mn b/d Petroline pipeline. Once Mu’ajjiz is up and running, west coast export capacity will exceed Petroline’s current capacity. However, work is under way to expand this to 7mn b/d by next year. Moreover, the old 1.6mn b/d Iraqi Pipeline Trans-Saudi Arabia (IPSA) which supplied Iraqi crude to Mu’ajjiz until 1991 currently transfers gas from eastern Saudi Arabia to the west but can carry oil if required. (CONTINUED - 747 WORDS)
DATA INSIDE THIS ARTICLE
|chart||Eu Imports Of Saudi Crude Edging Downwards (‘000 B/D)|