Adnoc adds Thailand's Gulf Group to its Asian LNG book with a c. 2 mn-ton agreement starting in 2027
Thailand joins India and Japan on Adnoc's growing LNG customer list
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Thailand joins India and Japan on Adnoc's growing LNG customer list
What we’re tracking this morning regionally and around the world
Stories on our radar this morning from around the region
Getting ships through the strait again is the priority, and Riyadh may keep the operation narrow
A single VLCC transfer now takes up to six days, and freight is above USD 1 mn a day
Availability is beating age in a tanker market starved for ships
The service uses two vessels, the Marsa Virgo and the Marsa Zenith
The handoff for most barrels is happening offshore, pushing up freight costs and transfer times
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