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UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Per cent Complete | Collector
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Per cent Complete
Gulf Insider

UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Per cent Complete

The head of the UAE’s state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 per cent complete, as regional tensions and competing maritime controls reshape global energy routes. Sultan Ahmed Al Jaber, chief executive of the Abu Dhabi National Oil Company, said during an interview at the Atlantic Council that the project is being accelerated toward a planned 2027 completion date. “Right now, too much of the world’s energy still moves through too few choke points,” Al Jaber said. “That is exactly why the UAE made the decision more than a decade ago to invest in infrastructure that bypasses the Strait of Hormuz.” Al Jaber said the UAE’s second west-east pipeline is already “almost 50 percent complete.” The project comes as the Strait of Hormuz remains disrupted following months of conflict involving Iran, Israel, and the United States. The UAE said last week that it would accelerate construction of the pipeline to expand export capacity through Fujairah, a port city on the Gulf of Oman outside the Strait of Hormuz. The country’s existing Abu Dhabi Crude Oil Pipeline, also known as the Habshan-Fujairah pipeline, already allows the UAE […]

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