Abu Dhabi National Oil Co offers oil cargo loading off Fujairah

12 articles · Updated · Bloomberg · Apr 28

ADNOC has notified some term customers they can load grades such as Upper Zakum via ship-to-ship transfer outside the Persian Gulf, mainly in May.
This move allows buyers to bypass the Strait of Hormuz, a key chokepoint, as producers seek alternative export routes amid regional uncertainties.
The option to load off Fujairah may enhance supply security for ADNOC’s clients and reflects broader industry efforts to mitigate risks in Gulf oil transportation.

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