Middle East Flagship Energy Project Nears Final Phase ...Middle East

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Middle East Flagship Energy Project Nears Final Phase
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Oman is of vital strategic importance to the U.S.-Europe-Japan axis and the China-Russia axis because of its uniquely advantageous geographical position, which makes it one of key oil and gas hubs in the world. The Sultanate has long coastlines along the Gulf of Oman and the Arabian Sea offering unfettered access to the markets of the West and the East equally. As such, Oman and its key ports and storage facilities offer the only true alternative in the Middle East to the Strait of Hormuz, controlled by Iran, through which passes at least one third…

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