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New $3.3 billion pipeline bypasses Strait of Hormuz

The United Arab Emirates has opened and begun operating a key overland pipeline which bypasses the Strait of Hormuz. /

Special to ABU DHABI — The United Arab Emirates has inaugurated a crude oil pipeline that bypasses the Iranian-dominated Strait of Hormuz. Officials said the UAE has completed a 370-kilometer pipeline that spans Habshan in the Abu Dhabi emirate to Fujairah. They said the inauguration of the $3.3 billion pipeline, which included the loading [...]

July 16th, 2012 | Posted in Exclusives,Iran,Mideast,Top Stories,UAE | Read More »

Abu Dhabi buys energy stake in emerging central African market

Special to ABU DHABI — The United Arab Emirates has joined other nations investing in energy exploration in Africa. The UAE’s emirate of Abu Dhabi has purchased a stake in the African nation of Tanzania. Under the deal, the UAE state-owned Mubadala Oil & Gas, which markets natural gas around the Gulf region, acquired [...]

June 14th, 2012 | Posted in Africa / Europe,Exclusives,Mideast,Tanzania,Top Stories,UAE | Read More »

Pipeline bypassing Strait of Hormuz operational in June

The UAE’s strategic oil pipeline for bypassing the Strait of Hormuz is complete and exports are expected to start in June.

Special to ABU DHABI — The United Arab Emirates has been preparing to launch operations of its new crude oil pipeline meant to bypass Iran’s powerful navy. Officials said the 360-kilometer pipeline would allow the UAE to export most of its oil without tankers passing through the Iranian-dominated Strait of Hormuz. The officials said [...]

May 30th, 2012 | Posted in Exclusives,Iran,Mideast,Top Stories,UAE | Read More »

Somali pirates eye oil tanker ‘jackpot’ in Strait of Hormuz

The Strait of Hormuz is the passageway for over a third of the world's oil tanker traffic

Special to ABU DHABI — Somali pirates have expanded operations in the Gulf. Industry sources said Somali pirate vessels were moving north from the Arabian Sea to the Strait of Hormuz, the passageway for 40 percent of global crude oil shipments. The sources said the operations reflected greater capability by the pirates as well [...]

May 28th, 2012 | Posted in Africa / Europe,Exclusives,Iran,Mideast,Somalia,Top Stories,UAE | Read More »

China completes pipeline that bypasses Strait of Hormuz

Special to ABU DHABI — The United Arab Emirates has completed an oil pipeline that bypasses the Iranian-dominated Strait of Hormuz. Officials said the pipeline that links the Habshan oil fields to the UAE port of Fujairah was completed in April. They said the facility would allow the UAE and other Gulf Cooperation Council [...]

May 11th, 2012 | Posted in China,Exclusives,Iraq,Mideast,NE Asia,Top Stories,UAE | Read More »

UAE set to launch its first military satellite from Kazakhstan

Special to ABU DHABI — The United Arab Emirates, weathering a series of delays, has been on alert for the launch of its first military satellite. The UAE plans to oversee the launch of the Y1B satellite on April 24. The satellite, ordered by the UAE’s Al Yah Satellite Communications Co., would facilitate data [...]

April 20th, 2012 | Posted in Exclusives,Mideast,Top Stories,UAE | Read More »

NATO reports sharp drop in Gulf piracy

A group of Iranian fishermen were rescued by a U.S. Navy destroyer more than 40 days after their boat was commandeered by suspected Somali pirates in the northern Arabian Sea in January.  /AP

Special to ABU DHABI — NATO has reported a sharp drop in Gulf piracy in 2011. “NATO has been actively carrying out counter-piracy operations for more than four years, and we have been very successful,” Turkish Navy Rear Adm. Sinan Azmi Tosun said. “We have been able to bring down pirate activities by 60 [...]

April 12th, 2012 | Posted in Exclusives,Mideast,Top Stories,Turkey,UAE,World Links | Read More »

‘Arab Spring’ bad for pro-democracy cause: UAE evicts NGOs

U.S. Secretary of State Hillary Clinton raised concerns over the UAE's closure of the National Democratic Institure.  /Getty Images

Special to ABU DHABI — The United Arab Emirates has become the latest Middle East state wary of Western non-governmental organizations. The UAE, despite appeals, has forced at least two leading Western think tanks to leave the emirates. They were identified as the American-based National Democratic Institute (NDI) and Germany’s Konrad Adenauer Foundation, both [...]

April 1st, 2012 | Posted in Africa / Europe,Exclusives,Germany,Mideast,Stateside,Top Stories,U.S. Politics,UAE | Read More »

UAE, South Korea sign $5 billion energy deal

Special to ABU DHABI — South Korea and the United Arab Emirates have reached a major energy cooperation accord. Officials said South Korea’s state-run Korea National Oil Corp. and GS Energy have been selected to develop three crude oil fields in the UAE. They said the two South Korean companies would team with the [...]

March 6th, 2012 | Posted in Exclusives,Mideast,NE Asia,South Korea,Top Stories,UAE | Read More »

ExxonMobil confident of future UAE oil and gas concessions

Abu Dhabi plans to invest $60 billion to boost UAE's oil production capacity.

Special to ABU DHABI — ExxonMobil expects to win major energy projects in the United Arab Emirates. The U.S. energy giant expressed confidence that it would be awarded crude oil and natural gas concessions in the UAE. The company, with two concessions in the Gulf Cooperation Council state, has been preparing for a UAE [...]

February 24th, 2012 | Posted in Exclusives,Mideast,Stateside,Top Stories,U.S. Economy,UAE,World Links | Read More »

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