US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide
Green Car Congress
DECEMBER 31, 2011
The Abqaiq-Yanbu natural gas liquids pipeline, which runs parallel to the Petroline to the Red Sea, has a 290,000-bbl/d capacity. The United Arab Emirates is also completing the 1.5 Use of the alternate routes would increase the cost of transportation. Other alternate routes could include the deactivated 1.65-million
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