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UAE TO DOUBLE OIL PIPELINE CAPACITY BYPASSING STRAIT OF HORMUZ
UAE is building a second oil pipeline to Fujairah, doubling its capacity to 3–3.6 million barrels per day and giving Abu Dhabi a bigger export route that bypasses the Strait of Hormuz.
The project is expected to become operational in 2027 per Reuters.
##Gate13thAnniversaryGlobalCelebration
#NewsOfTheDay #pendle $BTC $PENDLE $VRA