Showing posts with label Dubai Iran oil. Show all posts
Showing posts with label Dubai Iran oil. Show all posts

04 October, 2008

Dubai to export oil east of Hormuz

This story (not wholly original) made me wonder what oil Dubai would be sending out via Fujairah. I also wondered whether ADNOC would be signing up to this particular plan given that Abu Dhabi has announced its own ambitions to do this and would not need to go via Dubai to circumnavigate the Iranian choke point.

Nik


DUBAI (Dow Jones)--Arab policy makers in the Persian Gulf are turning to eccentric plans in their quest for an alternative shipping route for about a fifth of the world's oil transported through the Strait of Hormuz.
Dubai, home of the Middle East's largest-container port within the Gulf, is the latest Arab sheikdom to study projects to bypass the Hormuz shipping lane that's vulnerable to Iranian attack.
According to a senior Dubai government official, planners have proposed building a giant canal across the desert that could handle the huge oil tankers and freight ships that currntly sail through Hormuz.


original article here