Saudi Arabia Lifts Sumed Crude Flows Above 1.9 Million Bpd as It Builds Crisis Export Flexibility
Updated
Updated · The Portugal News · Sep 12
Saudi Arabia Lifts Sumed Crude Flows Above 1.9 Million Bpd as It Builds Crisis Export Flexibility
3 articles · Updated · The Portugal News · Sep 12
Summary
More than 1.9 million barrels a day moved through Egypt’s Sumed pipeline in August, up from fewer than 650,000 bpd in June, with Saudi Arabia supplying most of the increase.
The shift sends more Saudi crude north through the Red Sea and Sumed, giving the kingdom an alternative route to global markets when its main export channels face disruption.
Saudi Aramco is also working to improve flexibility across its three export routes, aiming to keep shipments flowing during supply shocks.
Analysts say sustaining exports through backup routes could bolster confidence in Saudi Arabia’s ability to manage energy supply in crises, while an expanded East-West pipeline could add further capacity.