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The UAE has completed nearly 50 per cent of a second pipeline that will bypass the Strait of Hormuz, the head of Abu Dhabi National Oil Company (ADNOC) said, as Gulf producers seek alternative export routes amid the prolonged closure of the key waterway, Anodolu reports.
The new pipeline is expected to double ADNOC’s export capacity through Fujairah, a UAE port on the Gulf of Oman located beyond the Strait of Hormuz.
The construction of the project has been accelerated due to the Iran war, with the pipeline expected to become operational in 2027.
