1 hr ago
Engineers India Targets Saudi, UAE Pipeline and Storage Projects
Engineers India Limited wants to help Saudi Arabia and the UAE build more oil pipelines and storage facilities.
These projects could cost more than $1 billion.
The work might take two or three years.
The two countries want routes that do not depend as much on the Strait of Hormuz.
The Strait of Hormuz is an important route for ships carrying oil.
The UAE wants to send more oil through Fujairah by 2027.
Saudi Arabia is considering expanding a pipeline toward the Red Sea.
Engineers India Limited is strengthening its presence in the region to seek these projects.
Engineers India Limited is pursuing crude and petroleum-product pipeline projects in Saudi Arabia and the UAE.
The proposed projects could represent more than $1 billion in investment, with construction taking two to three years.
Saudi Arabia and the UAE want additional infrastructure to bypass the Strait of Hormuz and expand oil-storage capacity.
The UAE plans to double export capacity through Fujairah by 2027, while Saudi Arabia is considering expanding its Red Sea pipeline.
Engineers India Limited opened a Saudi Arabia office in February and already operates in the UAE.
- Who
- Engineers India Limited, led by chairman and managing director Atul Gupta, is pursuing opportunities with Saudi Arabia and the United Arab Emirates.
- What
- The company is seeking contracts to develop crude-oil and petroleum-product pipelines, strategic oil reserves, and related infrastructure.
- Where
- Saudi Arabia and the United Arab Emirates, including routes toward Fujairah, the Gulf of Oman, and the Red Sea.
- When
- The proposed projects could have two- to three-year construction periods; the UAE has announced a target of 2027 for expanded Fujairah export capacity.
- Why
- The countries want to expand storage and create oil-export routes that bypass the Strait of Hormuz.
Key facts
- Potential investment
- More than $1 billion across the proposed infrastructure projects.
- Estimated project timeline
- Two to three years for the proposed pipelines.
- UAE existing pipeline
- The Abu Dhabi National Oil Company operates the 360-kilometer Habshan-Fujairah pipeline, with capacity of 1.5 million barrels per day.
- Saudi existing pipeline
- Saudi Aramco operates a 1,200-kilometer east-west crude-oil pipeline with capacity of 5 million barrels per day.
- UAE expansion target
- The UAE plans to double its export capacity through Fujairah by 2027.
- Saudi Arabia proposal
- Saudi Arabia is considering expanding its crude-oil pipeline capacity to the western Red Sea coast.
- Engineers India presence
- Engineers India Limited opened an office in Saudi Arabia in February and already has an office in the UAE.
Quotes
Atul Gupta
Chairman and managing director of Engineers India Ltd
“We anticipate more than $1 billion investment should be there in all these countries together for the immediate infrastructure in which two to three years is something they can aim for because in the case of these pipelines, the gestation period is two to three years.”
livemint.com
“They (UAE and Saudi Arabia) are now planning for some infrastructure to bypass the Strait of Hormuz. We are also focusing on those infrastructure projects... We have already shown our interest that we can accelerate the process of creating the new infrastructure”
livemint.com
Sources
Related news
Saudi Pipeline Attacks Redefine Middle East Oil Risk
Saudi Arabia Seeks Oil Export Alternatives After Pipeline Attack
Saudi Arabia Shuts East-West Pipeline After Attack Amid Houthi Fighting
Trump’s Hormuz Strategy Seeks Alternative Energy Routes
Saudi Arabia Suspends East-West Oil Pipeline After Iraq-Linked Drone Attacks
India Faces Oil Shock as Hormuz Alternatives Come Under Pressure
US Gas Prices Near Yearly Peak Before 2026 Midterms
Taylor Rule Explained After Iran’s Jibe at US Interest Rates
India Tells UN Security Council Maritime Navigation Must Remain Free
India Expert Calls for Global Military AI Norms Before Deployment
