EIL cites Gulf pipeline and storage expansion amid Hormuz risks
Engineers India chairman Atul Gupta said the firm sees more Gulf business as Saudi Arabia and the UAE plan to expand pipeline and storage infrastructure to reduce dependence on the Strait of Hormuz.
Engineers India (EIL) sees more business opportunities in the Gulf as Saudi Arabia and the UAE plan to expand pipeline and storage infrastructure to reduce their dependence on the Strait of Hormuz, chairman Atul Gupta said on Friday. Gupta said the near-closure of the Strait of Hormuz underscored the importance of such infrastructure and could add to EIL’s work in the region.