UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete Authored by Evgenia Filimianova via The Epoch Times (emphasis ours), The head of the UAE’s state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions and competing maritime controls reshape global energy routes. UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber, who’s also the managing director and group CEO of the Abu Dhabi National Oil Company, speaks via video during a presentation at the 44th annual… — Continue at ZeroHedge News : Read More
