The United Arab Emirates is weighing a third crude pipeline to its eastern coast that would bypass the Strait of Hormuz, according to Bloomberg. Adnoc disputes the account, calling it inaccurate and speculative.
The UAE is evaluating plans for a third crude export pipeline to its eastern coast, Bloomberg reported. The line would link western production hubs to the port of Fujairah, outside the Persian Gulf, and could open transit capacity to third parties.
Adnoc briefs refiners, then rejects the report
State-owned Abu Dhabi National Oil Co. has begun briefing select Asian refiners on the concept, according to people familiar with the matter. They said the route and the overall framework could still change.
However, Adnoc pushed back strongly. It said it told Bloomberg the account is inaccurate and purely speculative.
The new line would build on a corridor slated to double
The proposal would expand an onshore corridor that currently pumps approximately 2 million barrels per day to Fujairah. Capacity on that route is already slated to double after Adnoc decided last May to fast-track a second link. That link is scheduled for completion next year and is expected to begin commercial deliveries to Asian customers in early 2027.
The pipeline push is part of a broader UAE initiative to eliminate reliance on Hormuz. Regional hostilities and recurrent attacks on commercial vessels have maintained elevated risk premiums across energy supply chains there. Abu Dhabi is also committing heavy capital to eastern road and rail networks and expanding capacity at at least three non-Gulf maritime hubs.
The buildout also reflects the UAE's more independent strategic course after it left OPEC in May. By building redundant export routes, the country appears intent on staying an uninterrupted supplier to global energy markets regardless of Gulf instability.
Source: Investing.com
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