Adnoc tells clients new Hormuz bypass pipe to start early 2027

Abu Dhabi National Oil Co. has informed Asian refiners about future crude supply via a new pipeline. The pipeline aims to circumvent the strategic and vulnerable Strait of Hormuz, enhancing oil delivery security. Adnoc plans to initiate some supplies from Upper Zakum crude to customers at Fujairah terminal early next year. This move follows the UAE's decision to leave the Organization of Petroleum Exporting Countries, allowing for more production flexibility.