Saudi Arabia capable of rapid oil recovery, says former Omani official
Ex-Oman oil marketing chief says Saudi Arabia can quickly restore oil flows via the East-West pipeline within weeks.
Key Takeaways
AIAli Al-Riyami, former director general of oil marketing at Oman’s Ministry of Energy and Minerals, has reiterated that Saudi Arabia has a proven ability to recover swiftly and resume oil flows through the East-West pipeline within weeks.
Speaking in an interview with Al Arabiya Business, Al-Riyami said the Kingdom has previously demonstrated its capacity to restore production rapidly at various sites, so it should take only weeks to bring the East-West pipeline back online.
Al-Riyami also expressed hope that tomorrow’s talks in Salalah, Oman, will provide a decisive opportunity to contain the Strait of Hormuz crisis and secure international shipping, especially after oil prices surged to $100. The meeting will be attended by senior officials from countries bordering the Strait of Hormuz and the Gulf, as well as Iranian Deputy Foreign Minister Abbas Araghchi.
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