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UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

Spencer Kimball· ·2 min read · 0 reactions · 0 comments · 15 views
#uae#energy#iran#oil#pipeline
UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete
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The UAE is nearing 50% completion on a new pipeline designed to bypass the Strait of Hormuz, according to ADNOC's CEO. This project aims to double the UAE's export capacity through Fujairah amid ongoing disruptions caused by the Iran blockade. The pipeline is expected to be operational by 2027, as the region seeks to reduce reliance on the critical waterway.

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CNBC — Top · Spencer Kimball
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The United Arab Emirates has built nearly 50% of a second pipeline that will bypass the Strait of Hormuz, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Wednesday. "Right now, too much of the world's energy still moves through too few chokepoints," Sultan Ahmed Al Jaber said in an interview at the Atlantic Council. The new pipeline will double ADNOC's export capacity through Fujairah, a port that sits on the Gulf of Oman just beyond Hormuz. The UAE has accelerated the construction of the project due to the Iran war. The pipeline is expected to become operational in 2027. Iran has blockaded Hormuz since early March, choking off the oil and gas exports of the UAE and the other Gulf Arab producers.

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