Saudi oil exports surge 80% to record highs since war began
Saudi oil exports rose 80% in September despite the closure of the East-West pipeline, and Aramco hires Evercore and Boston Consulting Group to restructure its gas unit
Translated by Qiyas from الراي — Original source
“Al Arabiya” – Saudi Arabia’s crude oil exports surged in September to their highest levels since the outbreak of the Iran war nearly seven months ago, rising 80 percent compared to August, according to data from Kpler, a firm specializing in trade and energy flow information.
The data showed that the kingdom exported approximately 6 million barrels per day in September, bringing Saudi crude shipments back to levels close to their monthly average recorded in 2025.
The increase in exports came despite Saudi Arabia’s precautionary closure of the East-West oil pipeline this month, as the kingdom redirected part of its oil exports through the Strait of Hormuz, alongside the opening of a navigational channel by the U.S. military along the Omani coast.
According to Kpler data, the average oil exports through the Strait of Hormuz over a seven-day period reached approximately 13.2 million barrels per day as of Wednesday, compared to around 17 million barrels per day before the Iran war disrupted navigation.
On another front, Bloomberg reported that oil giant Aramco hired Evercore Inc. to advise on restructuring to create an independent gas unit and pave the way for a potential future initial public offering.
The agency added that the Boston Consulting Group also advised Aramco on separating its gas activities under a project named “Project Gamma,” a move aimed at maximizing value.
It noted that this step could attract new investments to the gas unit or lead to an initial public offering or the listing of a minority stake, potentially valuing the business at more than $100 billion.
