Daily Alert Archive

July 17, 2012       Share:    

Source: http://www.businessweek.com/news/2012-07-15/abu-dhabi-exports-first-pipeline-oil-to-pakistani-refinery

Abu Dhabi Opens Oil Pipeline Bypassing Hormuz Strait

(Bloomberg) Anthony DiPaola and Ayesha Daya - Abu Dhabi started exporting its first crude from a new 423-km. (263-mile) pipeline that bypasses the Strait of Hormuz. Abu Dhabi built the pipeline to avoid Hormuz, a narrow waterway that Iran has threatened to block.

View the full edition of Daily Alert

Back to Archive