One such effort is a 1,000 km pipeline to Duqm, Oman, with an estimated cost of $7 billion and a projected capacity of 2 million BPD over a 2 to 3 year timeline. The Duqm route avoids the Strait of Hormuz and the Bab el-Mandeb chokepoint, which was seized by Houthi forces last month, and places export ports 650 km from Iran. This supplements the existing East-West pipeline to Yanbu, which is currently running above 80% of its 7 million BPD capacity with 6 million BPD flowing.
Tuesday, October 20, 2026
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Aramco Pursues 2 New Oil Routes to Bypass Strait of Hormuz
Commodities15 days ago
The Saudi energy giant is seeking to insulate its exports from geopolitical shocks in the Middle East, CEO Amin Nasser said. Aramco is actively studying two new oil export routes to avoid the Strait of Hormuz to increase the resilience of shipping against potential disruptions. Nasser noted that while Middle East oil and gas will remain central to global energy for decades, the company is also pursuing expanded storage capacity worldwide.
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