Saudi Arabia has resumed oil shipments from Yanbu, reaching about 2 million barrels daily following the East-West pipeline's reactivation.
Saudi Arabia has started oil shipments from Yanbu with the reactivation of the East-West pipeline. It has been reported that the loadings have reached approximately 2 million barrels per day.
Oil loadings have resumed at the Yanbu Port on the Red Sea coast of Saudi Arabia. According to a Reuters report dated September 29, shipments that were halted following drone attacks in September are now being carried out again with the pipeline back in operation.
October loading schedules have been communicated to customers.
Saudi Aramco informed its customers on the evening of September 28 about the October loading program for Yanbu. Two trading sources who spoke to Reuters indicated that approximately 2 million barrels of crude oil have been loaded daily since last week.
The pipeline was shut down on September 11 due to attacks attributed to Iraqi militias, and operations resumed on September 22.
Satellite images show tanker activity.
TankerTrackers reported that images from the European Space Agency dated September 27 show approximately 10 million barrels of crude oil being loaded at Yanbu and the Al Muajjiz terminal to the south. Refined product loadings have also been observed.
Flow has not yet returned to previous levels.
Kpler estimates the daily flow in the pipeline at approximately 2.65 million barrels. While the flow is expected to rise to 3-4 million barrels in the coming days, it is noted that a return to the pre-attack level of around 5.5 million barrels may take another month.
A significant export hub in the Red Sea.
King Fahd Industrial Port in Yanbu serves the export of crude oil, refined products, and petrochemicals. According to information from Saudipedia, which is based on the Saudi Ports Authority, the port has 34 berths and 10 terminals.
Source: SeaNews Türkiye
