The Abu Dhabi National Oil Company (ADNOC) has announced that its clients can now resume loading crude oil shipments from its ports located on Das and Zirku islands in the Persian Gulf. This directive follows improved circumstances due to the recent U.S.-Iran agreement, which has raised expectations for uninterrupted maritime traffic through the crucial Strait of Hormuz.
Crude cargoes have been made available for loading since April 27. ADNOC has cautioned that any failure to collect these scheduled shipments might be considered a breach of contractual obligations. To assist buyers facing shipping difficulties, ADNOC is offering support through its own or affiliated tanker fleet.
This development is part of a broader effort by Gulf oil producers to normalize export operations after experiencing regional disruptions. ADNOC has been particularly active in the market, having sold tens of millions of barrels through tenders, maintaining its status as one of the most active exporters in the area.
In a bid to decrease its reliance on the strategically vital Strait of Hormuz, the United Arab Emirates is enhancing alternative export routes. The nation is accelerating infrastructure projects that include increasing pipeline capacity to the port of Fujairah on the Gulf of Oman. This expansion would enable more crude oil to bypass the Strait, providing a strategic advantage in export operations.