Alternative Pipeline Projects Planned for Kuwaiti Oil to Bypass Strait of Hormuz
Kuwait has initiated a feasibility process for new lines passing through Saudi Arabia and the UAE to diversify risks in energy shipments.
Kuwait has launched feasibility studies for two new pipeline projects that will extend through Saudi Arabia and the United Arab Emirates to the Red Sea and the Gulf of Oman, with the aim of reducing its reliance on the Strait of Hormuz for oil exports.
Search for Alternative Routes
Kuwait's state oil company, Kuwait Oil Company, is carrying out studies to establish alternative routes for the country's oil exports.
Plans are underway to diversify current shipping routes and balance foreign dependency.
Two Separate Pipeline Plans
The projects brought to the agenda aim to transport Kuwaiti oil to the Red Sea via Saudi Arabia and to the Gulf of Oman via the United Arab Emirates.
In this way, it is aimed to gradually reduce geographical dependence on the Strait of Hormuz.
Feasibility Studies Have Begun
Mohammed Al-Abduljalil, KOC's Deputy CEO for Planning and Innovation, announced that they have reached an agreement with Saudi Arabian and UAE authorities.
It was stated that an agreement was reached to jointly carry out feasibility studies for the two separate pipelines.
Starting and Ending Points of the Lines
Speaking to the Asharq website, the official stated that both projects will start from the Ahmadi region in Kuwait.
In the first project, oil is projected to reach the Red Sea coast, and in the second route, to the Fujairah region of the UAE.