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). (CONTINUED - 747 WORDS)