11 Hrs
Source:
Sky News
UAE aims for Strait of Hormuz independence
The United Arab Emirates is implementing an ambitious plan to end its reliance on the Strait of Hormuz, through expanding its ports on the Gulf of Oman coast, constructing a pipeline, and developing road and railway networks. The goal is to boost its export capacities and reduce its vulnerability to a potential closure of the strait, even though it is likely to open quickly. The plan includes the West-East 1 pipeline project and is currently considering the construction of a third pipeline, with investments estimated in the tens of billions of dollars, to enhance energy supply security and oil export capabilities.
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