TotalEnergies: Hormuz bypass an 'absolute priority'

 TotalEnergies Chief Executive Officer Patrick Pouyanne said on Tuesday that building pipelines that bypass the Strait of Hormuz should be an "absolute priority."

"The reality is that the Strait of Hormuz represents a genuine threat," Pouyanne said during an energy conference in Paris. "To ensure it doesn't remain a threat, there is ​only one solution: we must invest in pipelines to bypass the strait; that ‌is ⁠an absolute priority," he stressed.

Pouyanne pointed to alternative export routes through Abu Dhabi, Iraq, Syria, and Turkey. He added that TotalEnergies helped build an Iraq-Syria pipeline nearly a century ago, saying: "If our predecessors did it 100 years ago, I believe we should be capable of doing it again today." Earlier this month, Adnoc Executive Vice-President for Trading Philippe Khoury said the company was considering new fuel export pipelines that would allow Gulf producers to bypass the Strait of Hormuz.

https://breakingthenews.net/Article/TotalEnergies:-Hormuz-bypass-an-'absolute-priority'/66559861