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UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz

CNBC International 0 переглядів 1 хв читання

Abu Dhabi is accelerating construction of the new West-East pipeline to Fujairah as it looks to expand its oil export capacity and bypass the Strait of Hormuz chokepoint.

The project, expected to come online in 2027, will double the Abu Dhabi National Oil Company's (ADNOC) export capacity.

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