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UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete
ADNOC’s chief said energy security now depends on not only oil production but also secure shipping routes, storage capacity, and backup infrastructure.
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zerohedge.com
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete
ADNOC’s chief said energy security now depends on not only oil production but also secure shipping routes, storage capacity, and backup infrastructure.
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theprint.in
UAE's post-OPEC strategy involves a new oil pipeline outside Strait of Hormuz. What it means for India
The new pipeline will undoubtedly make UAE less vulnerable to disruptions in Hormuz. The country is also not new to the idea of bypassing the strait.