The UAE has accelerated construction of a new oil pipeline to Fujairah, aiming to double crude export capacity outside the Strait of Hormuz by 2027. The move follows Iran’s effective closure of the strategic waterway amid regional conflict, disrupting global oil supplies.
The United Arab Emirates has announced plans to fast-track the construction of a major oil pipeline aimed at significantly increasing crude export capacity through Fujairah by 2027, as tensions in the Gulf continue to disrupt global energy supplies.
The move comes amid the effective closure of the Strait of Hormuz following escalating conflict involving Iran, the United States, and Israel a development that has sent global oil prices soaring and raised fears of a wider economic slowdown.
ADNOC Directed To Speed Up Strategic Pipeline
According to the Abu Dhabi Media Office, Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan instructed the Abu Dhabi National Oil Company (ADNOC) to accelerate work on the West-East Pipeline project during a recent executive committee meeting.
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