{"text":[[{"start":7.65,"text":"The United Arab Emirates is planning its first multi-fuel pipeline to allow exports of gasoline, diesel and jet fuel to continue even when the Strait of Hormuz is impassable."}],[{"start":18.55,"text":"Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the strait, the company’s executive vice-president for trading Philippe Khoury said on Tuesday. "}],[{"start":31.15,"text":"Transit through the strait, a crucial trade route, has been severely restricted since the Iran war began three months ago, leaving Middle East oil producers looking for ways to build infrastructure that reduces Tehran’s control over their exports. "}],[{"start":45.55,"text":"Khoury said that state-run Adnoc spends “a lot of time seeing how we can reinforce our channels of supply and our systems to ensure that if the crisis continues longer, as we think it might, we still have the ability to supply our customers in an efficient and competitive manner”."}],[{"start":61.699999999999996,"text":"The UAE already has a crude oil pipeline running from its production hub of Habshan in Abu Dhabi to Fujairah on its east coast. Since the war began, it has pumped as much oil as possible through the pipeline to supply its international customers."}],[{"start":77.94999999999999,"text":"But the pipeline’s capacity is capped at 1.5mn barrels a day and the port of Fujairah has come under frequent attack since the start of the conflict, hampering exports. Adnoc is already building a second crude pipeline that will double its pipeline capacity to Fujairah when it starts operating early next year."}],[{"start":98.35,"text":"The oil products pipeline bypassing the strait will be the next project on Adnoc’s agenda, said a person with knowledge of the plans. It will operate like other oil products pipelines such as the US’s Colonial pipeline, which switches between different refined oil products."}],[{"start":115.19999999999999,"text":"The conflict has highlighted the Middle East’s reliance on shipping through the Strait of Hormuz to send its oil to global markets. Around a fifth of the world’s oil ordinarily passes through the strait, which has ground to a near halt since February 28. "}],[{"start":130.39999999999998,"text":"Only Saudi Arabia and the UAE have pipelines that can move oil to ports outside the Gulf without passing through other countries. The kingdom’s east-west pipeline, which ordinarily transports small volumes, has allowed Aramco to ship most of the oil it would usually export via the Red Sea port of Yanbu."}],[{"start":148.84999999999997,"text":"In addition to the planned multi-fuel pipeline, the UAE is also considering a new west-east pipeline, said Khoury. The project, which has been discussed previously, would allow fellow Gulf producers to bypass the Strait of Hormuz by using a pipeline that crosses the UAE. "}],[{"start":171.95,"text":""}]],"url":"https://audio.ftcn.net.cn/album/a_1780445307_7101.mp3"}