Arab Today, arab today uae pipeline to be operational ‘by june’
Last Updated : GMT 16:52:01
Arab Today, arab today
Arab Today, arab today

UAE pipeline to be operational ‘by June’

Arab Today, arab today

Arab Today, arab today UAE pipeline to be operational ‘by June’

Dubai - Arabstoday

A pipeline being built by the United Arab Emirates to export oil from east coast terminals, avoiding the Iran-threatened Strait of Hormuz, will be operational by June, its energy minister said Monday. “The pipeline is almost complete. It will be operational within six months ... by May or June,” Mohammed bin Dhaen al-Hameli told reporters. Iran has threatened to close the strategic waterway at the entrance to the Gulf if the West presses ahead with a threatened embargo on its oil exports. The Habshan-Fujairah pipeline will have the capacity to pump 1.5 million barrels per day of oil from fields in Abu Dhabi on the Gulf to Fujairah on the Gulf of Oman, Hameli said. The UAE currently produces around 2.5 million bpd. Construction of the 360 kilometer (225 mile) pipeline began in 2008. Hameli brushed aside questions about other measures the UAE might take to secure oil supplies in the event that Iran carries out its threat to close of the Strait of Hormuz, saying: “Who says Hormuz is going to close?” Tension has escalated as the West continues to squeeze Tehran over its controversial nuclear program, with the EU threatening a total ban on oil purchases from Iran. Iran has threatened to close the strategic Strait of Hormuz -- through which 20 percent of the world\'s tanker-carried oil flows -- if its crude exports are blocked.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae pipeline to be operational ‘by june’ Arab Today, arab today uae pipeline to be operational ‘by june’

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae pipeline to be operational ‘by june’ Arab Today, arab today uae pipeline to be operational ‘by june’

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb

GMT 23:44 2017 Saturday ,03 June

OPEC daily basket price for Tuesday, 30th May 2017
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday