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Saudi Energy Minister Prince Abdulaziz bin Salman said that in the context of market and security turmoil, Saudi energy supply capacity remains resilient. According to the minister, energy resilience is measured by the ability to maintain, repair, divert, replace and restore, as well as the ability to continuously supply under pressure. Saudi Arabia has restarted the east-west oil pipeline, the state-owned company Saudi Aramco increased crude oil traffic through the Strait of Hormuz, and total crude oil exports rose to close to pre-war levels in September.
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Saudi Energy Minister Prince Abdulaziz bin Salman said that in the context of market and security turmoil, Saudi energy supply capacity remains resilient. According to the minister, energy resilience is measured by the ability to maintain, repair, divert, replace and restore, as well as the ability to continuously supply under pressure. Saudi Arabia has restarted the east-west oil pipeline, the state-owned company Saudi Aramco increased crude oil traffic through the Strait of Hormuz, and total crude oil exports rose to close to pre-war levels in September.
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