People familiar with the matter said the UAE is considering a third oil export
pipeline to route crude outside the Strait of Hormuz to substantially reduce
reliance on the waterway. The sources said ADNOC is assessing a feasibility
study for a line from the UAE's west coast to the east‑coast port of Fujairah,
which could be opened to third‑party use and would complement existing pipelines
and another line due to enter service next year, improving the UAE’s ability to
supply customers if Hormuz shipments are disrupted. The plan is not final and
route and other details may change; some sources said ADNOC has briefed certain
Asian customers. An ADNOC spokesman told Bloomberg the report is not true and is
pure speculation.
