Discover and read the best of Twitter Threads about #rastanura
Most recents (2)
1/4
That this is such a minor story in the #UnitedStates is a testament to how little the United States cares about global #energysecurity
bloomberg.com/news/articles/…
That this is such a minor story in the #UnitedStates is a testament to how little the United States cares about global #energysecurity
bloomberg.com/news/articles/…
2/4
With #oilprices back above $70 we will see a big surge of activity in the #shale fields. At a minimum there will be 500 KBPD that comes from the #Fracklog in short order.
With #oilprices back above $70 we will see a big surge of activity in the #shale fields. At a minimum there will be 500 KBPD that comes from the #Fracklog in short order.
3/4
The attack came from #Yemen - which is much farther away from #RasTanura (the worlds largest oil loading facility) than #Iran. #SaudiArabia now has no option but to significantly expand its strike capabilities.
The attack came from #Yemen - which is much farther away from #RasTanura (the worlds largest oil loading facility) than #Iran. #SaudiArabia now has no option but to significantly expand its strike capabilities.
The export terminals of Ras Tanura port in SA on the Persian Gulf, which was targeted by the Yemeni armed forces today, are among the largest in the world designed to export crude oil and LPG. The amount of oil exported through it exceeds 80% of Saudi production.
The facilities at Ras Tanura include two piers and one sea island with a total of eighteen berths, which can accommodate ships of up to 550,000 deadweight tons (dwt).The facilities also included a tank farm with total storage capacity of 33 million barrels.
The ports are Saudi Arabia's oil export Achilles heel; while the kingdom has around 80 oil & gas fields, more than half of the country's reserves are concentrated in only 8 fields, while the huge processing complex at Abqaiq handles about two-thirds of the country's oil output.
