The Saudi Aramco informed at least two European refineries that they would not be disposed of with quantities of crude oil next month, following the drone attack on the Saudi main pipeline to the Red Sea, according to sources notified of this decision and invoked by the Bloomberg.
European companies usually procure Saudi oil through long-term contracts, which ensure stable monthly deliveries. However, these deliveries are not expected to take place next month, the same sources said, which asked not to be classified as the information has not been made public.
According to the same sources, the decision concerns all European buyers.
Alert following attack on East–West pipeline
Saudi Arabia forced last week to cease its operation East-West pipelineAfter a drone attack.
The pipeline is expected to partially reopen within the next few days and return fully to operation within about six weeks, according to a source who is aware of the situation.
This pipeline is one of the most important energy infrastructure in the country, as it carries oil from oil production areas of eastern Saudi Arabia to the west coast.
Road race for alternative supplies
European refineries usually receive Saudi slow from Egyptian port Sidi Kerir in the Mediterranean, which is connected to the Red Sea via pipeline.
The closure of the pipeline caused concern to some of its customers Aramco, who were engaged in a race to ensure alternative quantities of oil.
The Polish energy company Orlen SA declared more than ten competitions since Friday, seeking new sources of supply.
According to the International Energy Agency (IEA), European countries OECD They introduced in June about 577,000 barrels of crude oil daily from Saudi Arabia.
