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Al Gharbia Pipe Company expects new demand as Middle East nations bypass Hormuz

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The National
“Al Gharbia Pipe Company expects new demand as Middle East nations bypass Hormuz”

Abu Dhabi’s Al Gharbia Pipe Company expects significant supply opportunities as Middle East countries step up plans to build pipelines that bypass the Strait of Hormuz, which remains effectively shut amid the Iran war. Demand for pipes that carry oil and gas over long distances will rise, said Noritsugu Mifune, acting chief executive of Al Gharbia, a joint venture between Abu Dhabi’s Senaat, Japan’s JFE Steel and Marubeni-Itochu Steel. “Every country in the region is considering a new pipeline…

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