UAE to Complete New Oil Pipeline Bypassing Strait of Hormuz by 2027
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Odaily reports that the United Arab Emirates is constructing a new oil pipeline to bypass the Strait of Hormuz and plans to put it into operation in 2027. According to a statement from the country's Media Office, once the project is completed, the oil export capacity of Abu Dhabi National Oil Company (ADNOC) via Fujairah Port will double, helping to meet global market demand. (Golden Ten Data)
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