ADNOC to Double Hormuz-Bypass Export Capacity With New Pipeline in 2027

The Abu Dhabi national oil company ADNOC plans to have a new pipeline operational in 2027 that would double its oil export capacity through Fujairah, which sits outside the Strait of Hormuz. ADNOC plans to build a new project, the West-East 1 Pipeline, which is expected to become operational next year and double the UAE’s energy giant’s export capacity through the Emirate of Fujairah to meet global demand for energy supplies, the Abu Dhabi Media Office said on Friday. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of…