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The United Arab Emirates is accelerating the construction of a new oil pipeline to double its export capacity through the port of Fujairah by 2027, as reported by Detik Finance via Reuters. The initiative aims to enhance the nation’s capacity to ship crude oil outside the volatile Strait of Hormuz.
Abu Dhabi Crown Prince and Executive Council Chairman Sheikh Khaled bin Mohamed bin Zayed recently directed the Abu Dhabi National Oil Company to fast-track the West-East Pipeline project during an executive committee meeting….
