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businessOfficialReported

US Energy Secretary Says Saudi East-West Pipeline Expected to Resume Soon

Chris Wright says damage assessments are ongoing as oil flows through the Strait of Hormuz remain above 10 million barrels per day

· 1 min read · language: en
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Anadolu Agency (Turkey)

US Energy Secretary Chris Wright said the Saudi East-West pipeline is expected to resume operations soon, according to a report by Anadolu Agency.

Wright said damage assessments related to the pipeline are continuing, though he did not provide additional details on the nature or cause of the damage.

He also noted that oil flows through the Strait of Hormuz remain above 10 million barrels per day, according to the report.

The Saudi East-West pipeline, also known as Petroline, is a major crude oil conduit that allows Saudi Arabia to transport oil from its eastern oil fields to the Red Sea coast, providing an alternative route that bypasses the Strait of Hormuz.

Further details on the timeline for the pipeline's resumption or the scope of the damage assessments were not immediately available.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

Also available in: ARFR

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