Saudi Aramco targets half-capacity East-West Pipeline restart within days

  • Saudi Aramco is bypassing damage to Petroline and targeting a roughly half-capacity restart within days, with full restoration expected in about six weeks.
  • The pipeline carried 4 million to 5 million barrels per day before its shutdown, while Saudi Arabia sold as many as 20 million barrels through alternative Gulf of Oman transfers.
  • Saudi Arabia blamed Iranian-backed militias in Iraq, but no group claimed responsibility; repair timelines and the capacity of alternative export routes remained uncertain.

Saudi Aramco is working to bypass damage to the East-West Pipeline, known as Petroline, and restore roughly half its capacity within days, with full restoration targeted in approximately six weeks, Bloomberg reported, citing a person familiar with the matter. Reuters said the pipeline carried 4 million to 5 million barrels per day before drone attacks forced its shutdown, equivalent to about 4% to 5% of global oil supply. The outage disrupted Saudi exports after severe disruption to the Strait of Hormuz, leaving Yanbu with an estimated five to seven days of export inventory and prompting Saudi Arabia to increase crude sales through routes outside the strait. Brent traded near $105 on Wednesday and had earlier reached $108, while the Shanghai crude contract reached a record 929.4 yuan, or roughly $138.50. Saudi Arabia blamed drones operated by Iranian-backed militias in Iraq, while US officials identified Iran-aligned factions as likely perpetrators; no group claimed responsibility. Repair estimates remained uncertain, ranging from partial operations within days and three to five weeks for a major pumping facility to approximately six weeks for full restoration or several months in a more severe scenario.

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