Kuwait studies four-to-five-year oil pipeline projects to bypass Hormuz

timeskuwait.com · economy

KPC CEO Sheikh Nawaf Al-Sabah said the corporation was in talks with both countries on expanding pipeline capacity to handle Kuwaiti shipments. Kuwait is exploring two potential crude oil pipeline routes through Saudi Arabia and the United Arab Emirates to diversify its export options and reduce dependence on the Strait of Hormuz, with feasibility studies … The post Kuwait studies four-to-five-year oil pipeline projects to bypass Hormuz appeared first on Times Kuwait .

Read full article →