Gulf countries that export oil via the Strait of Hormuz are in talks about planning pipelines that would allow them to bypass the waterway should it remain largely closed.
Kuwait was among the countries talking to Saudi Arabia and the United Arab Emirates about potential pipelines across their countries that could connect Gulf oil production to global buyers, said Sheikh Khaled Ahmad Al-Sabah, managing director of international marketing at Kuwait Petroleum Corp.
“Kuwait is in dialogue with a lot of neighbouring countries, in talks,” Sheikh Khaled said at an event in London on Wednesday. The US-Israeli war against Iran and the Iranian threat to shipping through the Strait of Hormuz had made the case for pipeline projects, he said.
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