Bid & Tender

News

Adnoc Studies Feasibility of New Oil Products Pipeline to Fujairah

Adnoc is considering building a refined products pipeline to Fujairah. This would allow high-value products to bypass the Strait of Hormuz and provide a lifeline to Fujairah’s storage and trading industry, which has been badly hit by the conflict.

As Adnoc works to strengthen its Hormuz-bypass capabilities, the Abu Dhabi state firm is considering linking its Ruwais refining complex with the Indian Ocean port of Fujairah.

It currently has a 1.8mn b/d crude oil pipeline connecting onshore fields with Fujairah, and is expanding this system to 3.3mn b/d next year to enable access for offshore crudes and bolster export resilience to future disruption. But while Saudi Arabia can export high-value products from its Red Sea refineries, the closure of the Strait of Hormuz has left Adnoc’s refineries stranded from export markets.

Adnoc’s Executive Vice President for Sales and Trading Philippe Khoury said the company is assessing the potential for a products pipeline to Fujairah.

BACK

Related News