New UAE pipeline bypassing Hormuz 50% complete, says ADNOC CEO

The UAE’s new crude oil pipeline bypassing the Strait of Hormuz is now 50 per cent complete, as the country accelerates its delivery towards 2027.

The update was shared by Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, during the live-streamed 'AC Front Page' event hosted by American think tank The Atlantic Council.

Dr. Al Jaber, who also serves as ADNOC’s Managing Director and Group CEO, warned of the dangerous precedent set by the closure of the Hormuz strait.

As the Strait of Hormuz remains closed, @adnocgroup MD and Group CEO @SultanAlJaber tells @CroftHelima:

“Once you accept that a single country can hold the world’s most important waterway hostage, freedom of navigation as we know it is just finished.” pic.twitter.com/X1Tqtg96K0

— Atlantic Council (@AtlanticCouncil) May 20, 2026

He added that some of ADNOC's facilities had been directly targeted during the Iran war and the assessment of damage was ongoing.

Despite this, the company adapted to the crisis, said Dr. Al Jaber. "The best proof of how we have adapted to the situation is in our financial results."

🇦🇪 Despite its facilities being targeted during the Iran war, @SultanAlJaber says @ADNOCGroup adapted to the crisis:

“The best proof of how we have adapted to the situation is in our financial results,” he tells @CroftHelima at an #ACFrontPage event. pic.twitter.com/AVnmFHctNK

— Atlantic Council (@AtlanticCouncil) May 20, 2026

Dr. Al Jaber also pointed to strengthening ties between the UAE and the United States, describing the partnership as critical for energy security, industrial growth and investment.

.@ADNOCGroup MD @SultanAlJaber on the 🇺🇸 🇦🇪 US-UAE relationship:

“We have invested more than $1 trillion in the US with more to come over the next decade,” he tells @CroftHelima at an #ACFrontPage conversation.

“We invest in America because we believe in America,” he adds. pic.twitter.com/XaSo2as0d1

— Atlantic Council (@AtlanticCouncil) May 20, 2026