ADNOC Plans New UAE Pipeline to Bypass Strait of Hormuz Amid Iran War
The Iran war has severely curtailed transit through the Strait of Hormuz, prompting UAE state oil company ADNOC to plan a new pipeline for refined products to the east coast, bypassing the key shipping route. The move aims to reduce reliance on Tehran's control over Middle Eastern oil shipments.
ADNOC PLANS OIL PRODUCTS PIPELINE TO BYPASS HORMUZ: FT
TRANSIT ACROSS THE STRAIT, A VITAL TRADE ROUTE, HAS BEEN SEVERELY CURTAILED SINCE THE IRAN WAR BEGAN THREE MONTHS AGO, LEAVING MIDDLE EASTERN OIL COMPANIES LOOKING FOR METHODS TO DEVELOP INFRASTRUCTURE THAT LIMITS TEHRAN'S CONTROL OVER THEIR SHIPMENTS- FT
Adnoc plans new UAE pipeline to bypass Strait of Hormuz Move by state-run oil group comes as Iran war highlights region’s reliance on key shipping route #oott https://www.ft.com/content/d604f90a-3570-446b-bf05-ec2a713a9856
The United Arab Emirates is considering building an additional pipeline for refined products that would bypass the Strait of Hormuz and carry fuels to the country’s east coast https://t.co/EwU3ArYsO3