Wednesday, 5 September 2012

Pipeline changes landscape of UAE oil industry | GulfNews.com

With the inauguration of the Habshan-Al Fujairah pipeline for carrying oil from Abu Dhabi’s productive oil fields to the exporting port in Fujairah on the Oman gulf, the UAE has taken an important strategic, economic, and environmental step.
This pipeline, which extends 350 kilometres from oil fields overlooking the Arab Gulf to Fujairah, resembles a quantum leap in the UAE’s oil industry.
This is the first time the UAE is able to export around 1.5 million oil barrels a day or 50 per cent of the UAE’s oil production without having to pass through the Strait of Hormuz which is surrounded by dangers and where almost 30 per cent of the world’s crude oil exports pass.

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