Jolyon@jolyon

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UAE Pipeline Bypassing Strait of Hormuz

The United Arab Emirates has revealed that work on its fresh oil pipeline avoiding the Strait of Hormuz has already hit the halfway point. Progress has been remarkably swift, enabling the country to double its export capacity by next year even while other players keep monitoring vessel traffic through the narrow passage. Information comes from Reuters.

3mo

Jolyon@jolyon

Follow

UAE Pipeline Bypassing Strait of Hormuz

The United Arab Emirates has revealed that work on its fresh oil pipeline avoiding the Strait of Hormuz has already hit the halfway point. Progress has been remarkably swift, enabling the country to double its export capacity by next year even while other players keep monitoring vessel traffic through the narrow passage. Information comes from Reuters.

3mo