The Abu Dhabi National Oil Company (ADNOC) has announced that its customers can once again load crude oil shipments from its ports at Das and Zirku islands in the Persian Gulf. This decision follows improved conditions resulting from the recent agreement between the United States and Iran, raising optimism about uninterrupted maritime traffic through the vital Strait of Hormuz.
ADNOC emphasized that crude oil has been available for loading since April 27. The company cautioned buyers that failing to collect scheduled shipments might constitute a breach of contractual obligations. To support its customers, ADNOC has offered assistance using its own or affiliated tanker fleets for those encountering difficulties in shipping.
This development is part of a broader effort by Gulf oil producers to return to normal export operations after facing regional disruptions. ADNOC, a key player in the region, has been actively selling tens of millions of barrels through tenders, maintaining its status as one of the most dynamic exporters in the market.
In an effort to decrease reliance on the Strait of Hormuz, the United Arab Emirates is working on expanding alternative export routes. The nation is accelerating infrastructure projects aimed at boosting pipeline capacity to the port of Fujairah on the Gulf of Oman. This expansion would enable more crude exports to bypass the strategic waterway, providing a more secure and reliable route for oil transportation.