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The Nexus
BUSINESSJun 3 · 12:17 UTCBLOOMBERGAnthony Di Paola

Oil’s Hormuz Alternatives Offer Only a Partial Fix

Abu Dhabi is exporting its first cargo of oil via the Abu Dhabi Crude Oil Pipeline (Adcop), which bypasses the Strait of Hormuz, shipping crude to a refinery in Pakistan. The pipeline's inauguration was marked on July 15, 2012, at Fujairah port in the United Arab Emirates.

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