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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

Green Car Congress

At its narrowest point, the Strait is 21 miles wide, but the width of the shipping lane in either direction is only two miles, separated by a two-mile buffer zone. Alternate routes to the Strait include: The 745-mile long Petroline, also known as the East-West Pipeline, across Saudi Arabia from Abqaiq to the Red Sea.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

The Ichthys project consists of the development of the Ichthys gas and condensate field offshore North West Australia lying in 260 meters (853 feet) of water depth and the construction of an 889-kilometer (552-mile) gas transmission pipeline together with an onshore LNG plant near Darwin in the Northern Territory. million tons per year.

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Tesla shutting down Berlin factory for 2 weeks due to Red Sea shipping attacks

Baua Electric

To reach the Red Sea, ships must travel through the Gulf of Aden and the Bab al-Mandeb Strait off the coast of Yemen. But Yemen, one of the world’s poorest countries, has been going through a civil war for a decade now, with the Saudi- and US-backed Yemeni government fighting against an Iran-backed group called the Houthis.

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Tesla to Idle German Gigafactory Due to Red Sea Shipping Delays

The Truth About Cars

That said, the company operates factories around the world, so Houthis in Yemen have declared a blockade of a strait leading into the Red Sea in response to Israel's attack on Gaza. The shipping route is a significant thoroughfare that prevents thousands of miles of additional travel to get around Africa.

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