Habshan-Fujairah oil pipeline 'will be ready within six months' (UAE) [View all]

[JCMach1]

An oil export pipeline from Habshan in Abu Dhabi to Fujairah that will bypass the strategic Strait of Hormuz will be ready by the middle of 2012, the UAE Minister for Energy Mohammad Bin Dha'en Al Hameli said yesterday... The commissioning of the pipeline will be a game changer in crude oil transportation as it will give Abu Dhabi direct access to the Indian Ocean for its oil exports and the option of bypassing the critical Strait of Hormuz. Abu Dhabi would get access to an open sea — that's the strategic advantage the new pipeline provides... http://gulfnews.com/business/oil-gas/habshan-fujairah-oil-pipeline-will-be-ready-within-six-months-1.963780

This is an important deadline to pay attention to vis a vis the Iran situation.