UAE oil export pipeline bypassing Strait of Hormuz almost ready
A pipeline being built by the UAE to export oil from East Coast terminals, avoiding the Strait of Hormuz, will be operational by June, the country's Energy Minister said Monday.
"The pipeline is almost complete. It will be operational within six months... by May or June," Mohammad bin Dhaen Al Hameli told reporters.
The Habshan-Fujairah pipeline will have the capacity to pump 1.5 million barrels per day of oil from fields in Abu Dhabi on the Gulf to Fujairah on the Gulf of Oman, Hameli said.
Construction of the 360km pipeline began in 2008.
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