Locator: 50818OIL.
Each day the strait is closed, the more irrelevant the strait becomes.
The big stories:
- North America:
- improved shale production: Permian, Bakken -- posted earlier in the blog;
- export terminals along the Gulf Coast
- Canada's TransMountain Pipeline -- see below --
- Mideast -- pipelines
- UAE:
- The UAE is accelerating construction of a new West-East oil pipeline to Fujairah, scheduled to be operational by 2027, aimed at doubling its crude export capacity to roughly 4 million barrels per day (bpd). This strategic project bypasses the Strait of Hormuz to secure oil exports amid rising regional tensions
- Saudi Arabia:
- As of April 2026, Saudi Arabia has restored the East-West pipeline (Petroline) to its full capacity of approximately 7 million barrels per day (bopd) following attacks. The 1,200 km pipeline serves as a critical alternative route, allowing the kingdom to transport oil to the Red Sea port of Yanbu and bypass the restricted Strait of Hormuz
- different plays:
- South America:
- Venezuela: recently covered by RBN Energy:
- Argentina: Vaca Muerta -- Rystad, link here:
Canada's TransMountain Pipeline:
