Baker Institute examines alternatives to Strait of Hormuz

02/27/2012
Improvements to the pipelines crossing the Arabian Peninsula would allow more of the oil produced in the Persian Gulf to avoid the Strait of Hormuz, according to a paper from Rice University's Baker Institute for Public Policy. The paper, "Revisiting Alternatives to the Strait of Hormuz," focused on introducing drag-reducing agents (DRA) to two existing pipelines between the Persian Gulf and the Red Sea (crossing Saudi Arabia) in an effort to mitigate the displacement caused by ongoing Iranian threats to close the strait. Brito said a relatively low investment of this sort would allow shipment of as much as 11-million b/d of Middle East crude oil through the Red Sea. An injectio...
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