Article length: 218 words
Iran pipeline shifts route to avoid UAE
The two countries have ratified their maritime border (see Royals watch), but the planned natural gas pipeline between Iran and Oman faces a further complication, after reports that it is to be re-routed to avoid UAE waters. The change will add to the cost – now estimated at up to $1.5bn – and probably means more delays. An unnamed industry source told Reuters the new route would be shorter but deeper, at up to 1km under the surface.
Credit value: 1