UAE says oil pipeline bypassing Hormuz almost done

05.12.2011 [18:18]
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Baku, December 5 (AZERTAC). The oil minister of the United Arab Emirates says a new crude oil pipeline that will bypass the strategically sensitive Strait of Hormuz is almost finished.

Mohammed bin Dhaen al-Hamli made the comments on Monday. He spoke to reporters on the sidelines of an oil industry meeting in the Qatari capital Doha.

He declined to say when the pipeline would open, though his comments suggest it could become operational soon.

The Abu Dhabi Crude Oil Pipeline project aims to ship crude from the UAE's main oil producing region to the port of Fujairah on the country's Gulf of Oman coast.

That would allow some of the OPEC member's oil to avoid the Strait of Hormuz, access to which is shared by Iran and Oman.

UAE says oil pipeline bypassing Hormuz almost done

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