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Mohammad Hassan Asafari:

UAE oil pipeline unable to bypass Strait of Hormuz

Service : Politic
Tehran, July 16, (ICANA) –Member of Iran Majlis (parliament) National Security and Foreign Policy Commission Mohammad Hassan Asafari says the Strait of Hormuz plays a unique strategic role in international oil transfer and plans by the Persian Gulf Arab countries to bypass the strait are doomed.
Monday, July 16, 2012 3:26:40 PM
UAE oil pipeline unable to bypass Strait of Hormuz

Asafari noted that the small area of UAE, limited oil transfer capacity of the pipeline and its inability to meet the world oil demands are the major reasons that will cause the plan’s failure.

The [Habshan-Fujairah] pipeline project is only propaganda and political maneuvering guided by the Western countries especially the United States which aims to reduce the strategic importance of the Strait of Hormuz,” Asafari said.

The lawmaker noted that the pipeline can only cover the UAE’s domestic oil production.

About 16-20 percent of the total world oil production currently crosses the Strait of Hormuz and finding alternative ways to handle this amount of oil and gas is unimaginable, but Arab countries of the Persian Gulf repeat this hypothesis every once in a while,” Asafari added.

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