The above information was released on 15 May by the Abu Dhabi Media Office of the UAE government. The project is a West-East pipeline, which has never been revealed before.

Prince Sheikh Khaled bin Mohamed bin Zayed directed the Abu Dhabi National Oil Company (ADNOC) to accelerate the project, planning to bring it into operation next year.

Iran has closed the Hormuz Channel since late February, when the US and Israel attacked the country. This is the trade blood of a fifth of global crude oil. The marine embargo conditions boost energy prices, causing many countries to suffer from a fuel crisis, as well as fear of inflation and economic recession.

The new pipeline will help UAE "né "in the upper Channel, increased oil export from Oman Bay Coast (July outside Hormuz)". This is the country's second pipeline, after Habshan-Fujairah, expected to help them increase their export capacity to double, reaching 3.6 million barrels per day.

  • UAE's current pipeline. Graphics: Reuters*

In the Middle East, they are the second country that can rely on this method of exporting oil, alongside Saudi Arabs. Oman has a long coastline, far from Hormuz. While Kuwait, Iraq, Qatar, and Qatar are almost dependent on this sea route for freight.

UAE's quick decision to finish UAE's pipeline was given two weeks after they released Organization oil export countries (OPEC). Leaving OPEC meant that they were not bound by production quotas, which could pump more oil than members of the group when the Middle East conflict ended and oil trade operations were normalized.

With the new pipeline, they can still pursue export ambition, despite conflict and long-term Hormuz Channel blockage. This also brought UAE's oil exports closer to Saudi Arab Arabia, which sold up to 5 million barrels a day for the world.

Last year, UAE Energy Minister said they could increase production capacity to 6 million barrels per day, if necessary. Earlier this year, UAE produced nearly 3.5 million barrels a day, then dropped more than half as the Hormuz Channel closed, forcing the Abu Dhabi National Oil Company (ADNOC) to stop some production operations. The CID DNA currently aims at 5 million barrels per day, three years earlier than the plan.