US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide
Green Car Congress
DECEMBER 31, 2011
The Abqaiq-Yanbu natural gas liquids pipeline, which runs parallel to the Petroline to the Red Sea, has a 290,000-bbl/d capacity. million-bbl/d Tapline to Lebanon. Use of the alternate routes would increase the cost of transportation. The East-West Pipeline has a nameplate capacity of about 5 million bbl/d.
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