A pipeline to avoid the Strait of Hormuz

Abu Dhabi National Oil Company (ADNOC) expects to load its first test cargo of crude  this week from its Strait of Hormuz bypass pipeline that ends at Fujairah, a major oil storage and fuel bunkering hub on the Gulf of Oman.

The 380km, 1.5mn b/d pipeline  will lessen the UAE’s dependence on the Strait of Hormuz, which Iran has threatened to block. The UAE exports about 2.4mn b/d of crude.
Part of the project is a main oil terminal with storage capacity of 8mn barrels. The total capacity of the project – about 11mn barrels ‐ will be almost five days of UAE’s crude exports.

This entry was posted on 25 de junio de 2012. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed.

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