Business - Gulf States Seek to Bypass Strait of Hormuz for Oil Exports via Pipelines
16 Articles
16 Articles
Business - Gulf states seek to bypass Strait of Hormuz for oil exports via pipelines
Iran sends drones to attack the UAE port of Fujairah in the Gulf of Oman, raising the stakes as Gulf states send their blocked crude through pipelines away from the contested Strait of Hormuz. We take…
Saudi Arabia diverts more crude to the Red Sea to bypass Hormuz, but alternative capacity remains limited
Saudi Arabia is stepping up the use of its pipeline network to the Red Sea to keep crude exports moving while the Strait of Hormuz remains heavily disrupted by the war with Iran. The key route is the Abqaiq-Yanbu system, also known as the East-West Pipeline or Petroline, which links Gulf oil fields with the Yanbu terminal on the Red Sea. That infrastructure has become the kingdom’s main escape route around Hormuz, the chokepoint that normally car
Countries in the region are looking for bypass routes to continue exporting oil during the war.
Strait of Hormuz disruption: What are the alternative oil routes available?
Riyadh offered its customers an option to deliver their April allocation via the Red Sea port of Yanbu. However, they will only get a portion of their April supply, according to a Bloomberg report. It depends on how much crude the pipeline – which is 1,200 km long – to the Yanbu port can carry.
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