Saudi to increase crude exports to 10million bpd, examine transport alternatives

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Saudi Arabia intends to enhance its crude oil export capacity through pipeline modifications and upgrades. Energy Minister Prince Abdulaziz bin Salman announced potential increases by repurposing a gas pipeline for oil transport. The initial increase could reach 1.2 million barrels per day within weeks. Upgrades to the East-West pipeline could eventually allow exports to reach 10 million barrels per day over the next few years.