UAE reportedly considering third crude pipeline to bypass Strait of Hormuz

Bloomberg reported on Wednesday, Nov. 4 (13 Aban in Iranian calendar), that the United Arab Emirates is considering building a third crude-oil export pipeline to bypass the Strait of Hormuz, aiming to sharply reduce the country’s reliance on that waterway, according to people familiar with the matter; the report says Abu Dhabi National Oil Company (ADNOC) is exploring a pipeline from the UAE’s western coast to the port of Fujairah. (Source: Independent Persian via Bloomberg)

◾ Multiple Persian-language outlets said the UAE is exploring a third oil pipeline to Fujairah on the Sea of Oman to lower export dependence on the Strait of Hormuz, but ADNOC has denied the published reports. (Source: Voice of America Persian/Telegram)

◾ Bloomberg also reported the pipeline could be made available to other companies and third parties. (Source: Etemad newspaper)

Initial synthesis; final edit pending