ADCOP project

Abu Dhabi-based International Petroleum Investment Co. (IPIC) is constructing a new pipeline that will avoid the narrow Strait of Hormuz. The 360km line, known as Abu Dhabi Crude Oil Pipeline (ADCOP) which will transport up to 1.5 million barrels a day of crude to Fujairah on the UAE’s east coast, will be operating by August 2011. Abu Dhabi, the largest UAE sheikdom, plans to build the pipeline to bypass the Strait, the 33mi wide channel through which Persian Gulf oil producers ship their crude exports. The crude oil will be sourced from the onshore Habshan field in Abu Dhabi. The emirate pumps 95% of the crude in the UAE, which is the third-largest oil producer in the Persian Gulf after Saudi Arabia and Iran. The ADCOP, project will also involve building storage and terminal facilities, as well as a pumping station for the crude export from Fujairah, which is surrounded by the Hajar mountain range. IPIC also has plans to set up a refinery in Fujairah in addition two other refinery projects slated for construction in Pakistan and Morocco.
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