Adnoc Gas Exploring New LNG Export Plant to Avoid Hormuz Strait - Bloomberg.com
Adnoc Gas Exploring New LNG Export Plant to Avoid Hormuz Strait - Bloomberg.com
Source: Bloomberg.com
―
DW NOTE
Adnoc Gas is building export capacity that bypasses the world's most dangerous 21-mile chokepoint. With 2,000 ships still stranded in the Gulf after April's mine deployment and clearance expected to take six months even after this week's potential interim deal, the Strait of Hormuz has proven it can be closed on a whim. Every Gulf exporter now knows that shipping through Hormuz means shipping on Iran's sufferance.