East-West Pipeline reaches full capacity amid rising profits
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Saudi Aramco achieved net income of 122 billion Saudi riyals in the first quarter of this year, compared to 97.5 billion riyals in the same period last year.
The company announced that adjusted income reached record levels.
The achievement was driven by rising prices and energy demand, in addition to the East-West Pipeline reaching its full production capacity.
Aramco achieved profits of 122 billion riyals in the first quarter of 2026, a 25% increase year-on-year, and approved dividend distribution of 82.1 billion riyals. The East-West Pipeline reached full capacity of 7 million barrels per day, bolstering oil supplies despite geopolitical pressures.
Aramco's record profits reflect stability in global oil prices and impact Saudi government liquidity and its capacity for investment and domestic spending. High dividend distributions support attracting foreign investment in the Saudi market and affect returns for depositors and investors.
Mehmet Yılmaz