Abu Dhabi and Dubai Blog - Dubai Projects and Dubai News » canal http://www.abdb.com Because something crazy happens everyday in the 3rd highest income per capita nation... Sun, 30 Jan 2011 02:12:19 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Dubai Plans Hormuz Bypass http://www.abdb.com/2008/09/20/dubai-plans-hormuz-bypass/ http://www.abdb.com/2008/09/20/dubai-plans-hormuz-bypass/#comments Sun, 21 Sep 2008 00:05:50 +0000 Lester http://www.abdb.com/?p=30

Dubai is studying plans to build a $200 billion (£114 billion) mega-canal that would allow oil tankers to bypass the Strait of Hormuz. The Gulf emirate is understood to be considering the idea as a means of reducing Iran’s influence on the flow of oil from the region.

http://business.timesonline.co.uk/tol/business/markets/the_gulf/article4710599.ece

]]> http://www.abdb.com/2008/09/20/dubai-plans-hormuz-bypass/feed/ 0