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Targeting Saudi Oil Terminal May Destabilize West: Paper

80% of the Saudi oil production is piped to Ras Tanura for exporting

CAIRO, June 3 (IslamOnline.net) – An Egyptian-born American oil expert warned Thursday, June 3, that an attack on Saudi Arabia's main oil export terminal at Ras Tanura would destabilize the West and send oil prices as high as 100 dollars per barrel, reported a leading British newspaper.

"I cannot think of any more logical target for terrorists. It [Ras Tanura] is the nerve centre for the Saudi oil trade but also for global exports," Fadel Gheit told the Guardian.

As much as 80% of the some 9 million barrels per day pumped by Riyadh is believed to end up being piped to Ras Tanura before being uploaded on supertankers bound for the west.

"If you can blow up the Pentagon in broad daylight, then it cannot be impossible to fly a plane into Ras Tanura - and then you are talking $100 [per barrel] oil," Gheit said.

He claimed that a regime change in Saudi Arabia to a more "hostile Islamic government" is as inevitable as it was in Iran a quarter of a century ago.

"It's only a matter of time."

Fears of upheaval in Saudi Arabia helped set world crude oil prices to a 21-year high of $42.45 per barrel.

  • Click here to read the Guardian article

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