Gulf states in talks for oil pipelines to bypass Hormuz, via FT
Newsquawk Staff ·
- Gulf countries that export oil via the Strait of Hormuz are in talks about planning pipelines that would allow them to bypass the waterway should it remain largely closed.
- Kuwait was among the countries talking to Saudi Arabia and the UAE about potential pipelines across their countries that could connect Gulf oil production to global buyers, said Kuwait Petroleum Corp Managing Director. Sheikh Khaled Ahmad Al-Sabah.
Sources
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