UAE Oil Partners Told to Pick Up Barrels From Port Behind Hormuz

ADNOC has instructed onshore partners to collect Murban crude from the port of Jebel Dhanna, located inside the Persian Gulf behind the Strait of Hormuz. The move centralizes Murban loadings at a Gulf-side facility, which may affect export logistics, shipping routes and short-term load-out scheduling for partners.

Analysis

ADNOC has instructed onshore partners to collect Murban crude from the port of Jebel Dhanna, located inside the Persian Gulf behind the Strait of Hormuz. The move centralizes Murban loadings at a Gulf-side facility, which may affect export logistics, shipping routes and short-term load-out scheduling for partners.