UAE set to open a new 370km-long pipeline bypassing the Gulf by mid-2012

Threats by Iran to close the Strait of Hormuz – a vital transit point for over a third of the world’s tanker-borne oil – has prompted Middle East countries to seek alternative export routes, with the UAE set to open a new 370km-long pipeline bypassing the Gulf by mid-2012. Graphic shows Middle East oil pipelines.

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