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The UAE plans to complete a new oil pipeline by 2027 that bypasses the Strait of Hormuz
Svmuu: The UAE is building a new oil pipeline that bypasses the Strait of Hormuz, with plans to put it into operation by 2027. According to a statement from the country’s media office, once the project is completed, the Abu Dhabi National Oil Company (ADNOC) will double its oil export capacity via the Port of Fujairah, helping to meet global market demand. (Jinshi)
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