UAE Accelerates New Pipeline Construction as Alternative to Strait of Hormuz
Summary
The UAE is accelerating the construction of a new West-East pipeline to bypass the Strait of Hormuz and enhance fuel export capacity through Fujairah, aiming to start operations by next year.
Key Points
- The UAE will accelerate the construction of a new pipeline as an alternative route to the Strait of Hormuz.
- The West-East pipeline will double ADNOC's fuel export capacity via the Port of Fujairah to 1.8 million barrels per day.
- The pipeline stretches 360 kilometers from Habshan oil field to Fujairah.
- UAE plans to increase oil production capacity to 5 million barrels per day by next year despite recent attacks on fuel facilities in Fujairah.
