Sunday, 15 July 2012

BBC News - UAE opens pipeline bypassing Strait of Hormuz oil route

The overground pipeline can handle at
least 1.5 million barrels of crude a day
 
The United Arab Emirates has opened and begun operating a key overland pipeline which bypasses the Strait of Hormuz.

Iran has repeatedly threatened to close the strait at the mouth of the Gulf, a vital oil-trade route.

The new 370km (230 mile) pipeline carries oil from fields in the UAE's western desert to Fujairah - a major oil storage hub on the east coast.

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