Abu Dhabi Crude Oil Pipeline to Fujairah Will Start Up in May or June, Says the Oil Minister

摘要

Against the background of Iran threatening to close the Straits of Hormuz in the event of a boycott of its oil exports, the UAE's Oil Minister, Mr. Mohamed bin Dhaeen al-Hamili, announced on 9 January that the Abu Dhabi Crude Oil Pipeline (ADCOP), which will enable Abu Dhabi to export crude oil via the emirate of Fujairah and thus circumvent the straits, would be brought on stream in six months. "The pipeline is almost complete but hopefully it will be operational within six months, by May or ]une," said Mr. al-Hamili, as quoted by the official WAM news agency.