Saudi Arabia to halt crude supplies to European refiners in October
Middle East Eye
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Middle East Eye
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Saudi Arabia's state oil company Aramco has notified European refiners they will receive no Saudi crude in October following the shutdown of the East-West pipeline after attacks damaged key pumping stations. The pipeline disruption affects a crucial supply route that transported 4-5 million barrels daily to the Red Sea port of Yanbu.
Saudi Arabia’s state oil company Aramco has told at least some European refiners that they will receive no Saudi crude next month following the shutdown of the kingdom’s East-West oil pipeline, Bloomberg reported.
The disruption follows attacks that damaged three pumping stations along the 1,200km East-West pipeline, which had been carrying about 4 million to 5 million barrels of crude a day to the Red Sea port of Yanbu.
Earlier today, reports said that King Fahd Port in Yanbu was targeted by Houthi ballistic missiles.
European OECD countries were importing about 577,000 barrels per day from Saudi Arabia as of June, according to International Energy Agency data cited by Bloomberg.
Saudi Arabia has been seeking alternative routes, including increased shipments through the Strait of Hormuz, while repairs to the pipeline are expected to take weeks.
The disruption follows attacks that damaged three pumping stations along the 1,200km East-West pipeline, which had been carrying about 4 million to 5 million barrels of crude a day to the Red Sea port of Yanbu.
Earlier today, reports said that King Fahd Port in Yanbu was targeted by Houthi ballistic missiles.
European OECD countries were importing about 577,000 barrels per day from Saudi Arabia as of June, according to International Energy Agency data cited by Bloomberg.
Saudi Arabia has been seeking alternative routes, including increased shipments through the Strait of Hormuz, while repairs to the pipeline are expected to take weeks.
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Tags:#السعودية#النفط الخام#أرامكو#خط الأنابيب#الحوثيين#الطاقة
Source: Middle East Eye
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