Abu DhabiAl Gharbia’s pipe output fell from 250,000 to 60,000 tonnes.
Gulf states and Iraq plan pipelines around Hormuz, which stays effectively shut.
The UAE is doubling its 360 km Habshan-Fujairah line from 1.5 million barrels a day, and Saudi Arabia weighs widening East-West.
Ship traffic averaged 3.3 a day to 25 October against a 90-day normal of 4.1.
Al Gharbia, in talks with Adnoc on new projects, expects 200,000 tonnes of output next year.
How each outlet framed it
- The National
- frames the Hormuz closure as a supply opportunity for pipe makers, quoting Al Gharbia's expectation of rising demand across the region
Sources: The National