{"id":95337,"date":"2026-04-29T00:00:00","date_gmt":"2026-04-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?post_type=issue&#038;p=95337"},"modified":"2026-04-29T06:57:23","modified_gmt":"2026-04-29T06:57:23","slug":"opecs-new-reality","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/logistics\/issues\/opecs-new-reality\/","title":{"rendered":"Opec\u2019s new reality"},"content":{"rendered":"<section id=\"95339\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"95339\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TODAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/today-uae-exits-opec-opec-in-shift-toward-capacity-led-strategy\/\">\r\n                            TODAY: UAE exits Opec, Opec+ in shift toward capacity-led strategy                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/today-uae-exits-opec-opec-in-shift-toward-capacity-led-strategy\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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It\u2019s been a while since a single headline has reshaped the news cycle \u2014 but that\u2019s exactly what today feels like. Overnight, the UAE confirmed it will exit Opec by Friday, in a move it says was taken independently. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The split didn\u2019t come out of nowhere<\/strong> \u2014 it reflects a long-running push by the UAE to break out of quota constraints and unlock its expanding production capacity. The result: more flexibility to scale output and fund its next phase of growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We break down what it means \u2014 for supply, prices, and the cartel\u2019s grip <\/strong>\u2014 in the news well, below.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As all of that plays out,<\/strong> the Egyptian government is lining up 40 LNG cargoes for May and June to keep the lights on through summer, with demand set to rise 6\u20137% y-o-y starting in June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/sub.ent.news\/menaplus\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1023.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meet EnterpriseAM MENA+, our new flagship newsletter<\/strong> covering the flows of capital, people, and ideas across the Middle East \u2014 and beyond it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MENA+ covers AI and tech \u2014 and geopolitics, the war for talent<\/strong>, which BSD is on top (and who's gunning for them), the changing energy economy, new corridors to India and China, and much, much more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s with the \u201c+\u201d in MENA+? <\/strong>We think one of the most powerful stories in the region is the *export* of ideas and capital not just to neighboring regions (Asia, the Stans) but to international financial centers. MENA countries are jockeying for position in the new global economy now taking shape, and we're going to shape that conversation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/menaplus\/\" style=\"\">Tap or click here to get your own copy<\/a><\/strong> delivered to your inbox every Monday, Wednesday, and Friday at 12pm UAE | 11am KSA | 11am Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt1\"><\/a>  <\/strong><strong>PIPELINES<\/strong><strong> \u2014 KPC\u2019s pipeline sale takes a step forward: <\/strong>JPMorgan, HSBC, National Bank of Kuwait, and Kuwait Finance House are stepping into a USD 6 bn financing syndicate for buyers eyeing a stake in Kuwait Petroleum Corporation\u2019s (KPC) pipeline network. The debt package is structured as a 20-year loan priced at around 170 bps over the secured overnight financing rate, people with knowledge of the matter told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/jpmorgan-among-banks-providing-financing-kuwaiti-oil-pipeline-stake-deal-2026-04-27\/\" style=\"\">Reuters<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT-<\/strong> The process has been knocked off rhythm by the regional disruptions, after KPC flagged \u201csevere material damage\u201d to some operating units following drone attacks. That uncertainty has already pushed the bid deadline from 7 April to yesterday, as investors seek breathing room while the conflict rapidly reshapes risk assumptions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BACKGROUND-<\/strong> We reported back in February that Kuwait revived plans to sell a USD 7 bn stake in KPC\u2019s pipeline network, under a \u201clease-and-leaseback\u201d model, with the transaction expected to land at some roughly USD 1.5 bn in equity, with the rest loaded as debt. Read <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/02\/25\/kuwaits-pipeline-sale-could-be-online-in-a-few-weeks\/\" style=\"\">here<\/a> to check the infrastructure heavyweights interested, why this is happening now, and how it fits into regional pipeline monetization trends. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt2\"><\/a>  CORRIDORS \u2014 Egypt\u2019s<\/strong><strong> Transpor<\/strong><strong>t Ministry is mulling a logistics <\/strong><strong>corridor with Russia<\/strong>, connecting container terminals and industrial zones on the Red Sea and the Mediterranean to Russian Black Sea ports and the Northern Sea Route. This emerged during a meeting between the Transport Ministry and Russia\u2019s Maritime Board, which saw the two sides <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02u8h7zx6SSsJsFeqYcUTyouXMHnhRS3WGvN3DPUWbEBaY4stN8b78KxKNF545bY9gl\" style=\"\">ink an MoU<\/a> to boost cooperation in the maritime transport sector and localize shipbuilding in Egypt. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>A link between the two nations would provide the infrastructure needed to realize Russian President Vladimir Putin\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/egypt-begins-work-from-home-experiment-to-cut-energy-use-amid-wartime-pressures\/\" style=\"\">proposed<\/a> grain and energy hub in Egypt. The project would position Egypt as a key logistics and storage center for Russian exports to Africa and the Middle East.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> <\/strong><strong>STORAGE<\/strong><strong> \u2014 Iran\u2019s next oil choke point is storage:<\/strong> Iran is running out of crude storage, with Kpler estimating it has only <a target=\"_blank\" href=\"https:\/\/www.kpler.com\/blog\/us-blockade-iran-starts-feeling-the-heat\" style=\"\">12-22 days of spare capacity left<\/a> \u2014 raising the risk of another 1.5 mn bbl \/ d production cut by mid-may on top of the 2.5 mn bbl \/ d that Goldman Sachs <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-27\/iran-s-unused-oil-storage-shrinks-to-22-days-or-less-kpler-says\" style=\"\">estimates<\/a> are already curtailed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The export shock is already here:<\/strong> Iranian crude exports have dropped to around 567k bbl \/ d since early April, down from an average 1.8 mn bbl \/ d in March \u2014 largely due to the US naval blockade. Kpler also has not observed any tankers successfully evading the blockade around Hormuz, while Iranian crude loadings onto tankers have fallen roughly 70% since.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Financials move slower than barrels:<\/strong> The revenue hit is expected to take three to four months to fully reach Tehran \u2014 given the two-month journey to Chinese ports and another two months for buyer settlements.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Market watch<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil prices dipped this morning as markets weighed the UAE\u2019s Opec exit, with Iran conflict <\/strong><strong>disruptions still supporting prices<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-rises-reports-us-will-extend-iran-blockade-prolonging-mideast-supply-2026-04-29\/\" style=\"\">Reuters<\/a> reports. Brent crude futures for June slipped USD 0.01 to trade at USD 111.25 \/ bbl by 04.13 GMT.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Baltic Index continues to rise: <\/strong>The Baltic Exchange\u2019s dry bulk index \u2014 which tracks rates for the capesize, panamax, and supramax vessel segments \u2014 <a target=\"_blank\" href=\"https:\/\/tradingeconomics.com\/commodity\/baltic\" style=\"\">increased 11 points<\/a> to 2,677 points on Tuesday, buoyed by increases across all vessel segments. The capesize index gained 22 points to 4,304 points, while the panamax index climbed 9 points to 1,966. The smaller supramax inched up 2 points to 1,542 points.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"logistics\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>YOU\u2019RE READING EnterpriseAM Logistics, the essential MENA publication for senior <\/strong><strong>execs who care about the industry that connects producers and retailers to global markets. <\/strong>We\u2019re out Monday through Thursday by 9:15am in Cairo and Riyadh, and 10:15am in the UAE.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Logistics is available without charge <\/strong>thanks to the generous support of our friends at Hassan Allam Utilities and Transmar.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/user\/news-letters\" style=\"\">Tap or click here<\/a> to get your own copy of EnterpriseAM Logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:logistics@enterprisemea.com\" style=\"\">logistics@enterprisemea.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\">Saudi Arabia<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\">the UAE<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\"><\/a> ? <strong>***<\/strong><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span 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Story Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/uae-exits-opec-to-prioritize-capacity-over-quotas\/\">\r\n                            Quota quit                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/uae-exits-opec-to-prioritize-capacity-over-quotas\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> 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class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Cartel crack:<\/strong> The UAE is exiting Opec and Opec+, breaking ranks within the oil cartel at a time when regional disruptions are already affecting supply chains and pricing.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>A structurally significant split:<\/strong> The UAE has long been one of the bloc\u2019s heavyweights alongside Saudi Arabia, with meaningful spare capacity \u2014 the key lever Opec uses to move markets \u2014 making its departure structurally different from past defections. \u201cThe UAE\u2019s exit is very significant as it\u2019s a top-tier producer with high spare capacity and strong compliance with prior quotas,\u201d Rabobank Energy Strategist Florence Schmit tells EnterpriseAM.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Mechanically, the exit removes 3-4 mn barrels daily of swing capacity<\/strong> and the ability to respond when Hormuz closes or pipelines rupture, Wolfgang Lehmacher, former head of supply chain and transport industries at the World Economic Forum, tells EnterpriseAM.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The decision was unilateral: <\/strong>The UAE didn\u2019t consult other members before pulling the trigger, Energy Minister Suhail Al Mazrouei told <a href=\"https:\/\/www.reuters.com\/markets\/commodities\/uae-says-it-quits-opec-opec-statement-2026-04-28\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>, framing the move as a result of a review of current and future production policies. The UAE\u2019s exit from Opec would mark a decisive shift toward an independent, state-driven oil strategy,\u201d MENA economist <a href=\"https:\/\/ent.news\/2026\/4\/1459.pdf\" target=\"_blank\" rel=\"noopener\">Hamzeh Al Gaaod<\/a><a href=\"https:\/\/ent.news\/2026\/4\/1459.pdf\" target=\"_blank\" rel=\"noopener\">writes in a note (pdf)<\/a> shared with EnterpriseAM. This allows the country to leverage its position as a supplier of some of the world\u2019s lowest-cost barrels.<\/p>\n<p class=\"tag-border-left\">A well-timed exit?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The market already is distorted: <\/strong>\u201cNow, is probably the least damaging time to announce it \u2014 oil prices are high, \u2060and there are genuine shortages because of Hormuz closure,\u201d Carnegie\u2019s Sergey Vakulenko told <a href=\"https:\/\/www.reuters.com\/business\/energy\/view-uae-leave-opec-opec-oil-producer-groups-2026-04-28\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>. He added that even \u201cafter Hormuz reopens, there will be elevated demand as countries will be replenishing reserves that were drawn down since February, \u2060so prices will stay high.\u201d<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The situation points to what could become a broader \u201cgovernance coordination break <\/strong><strong>simultaneously<\/strong>,\u201d Lehmacher tells us, even as the near-term market reality suggests limited immediate impact. \u201cThe prospect of the UAE pumping more oil is somewhat moot at present given the near-complete cessation in flows through Hormuz,\u201d Capital Economics\u2019 Chief Climate and Commodities Economist David Oxley writes in a note seen by EnterpriseAM. Markets are also still catching up to the disruption itself, with a clear pricing lag: \u201cCrude markets are currently still factoring in the Hormuz closure before they can fully price the UAE leaving Opec,\u201d Schmit adds.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The \u201cimmediate\u201d impact of the UAE\u2019s exit is likely to be muted<\/strong>, Mazrouei adds. Still, \u201cthe timing of this decision, in the context of the ongoing disruptions, will no doubt leave many perplexed,\u201d global oil markets strategist and former head of research at Onyx group Harry Tchilinguirian tells EnterpriseAM, with the deeper concern centering on system resilience.<\/p>\n<p class=\"tag-border-left\">Why? It\u2019s breaking out of the quota box<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The rupture has been building for some time: <\/strong>Policy divergence between the region\u2019s two power centers \u2014 Abu Dhabi and Riyadh \u2014 over production strategy has steadily widened, and this exit turns that drift into a clean break(up). \u201cThe outcome has likely long been in the making,\u201d Tchilinguirian says.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Even Opec\u2019s shift toward capacity-based quotas<\/strong> \u2014 <a href=\"https:\/\/enterpriseam.com\/uae\/2025\/12\/08\/opecs-new-capacity-audit-explained\/\" target=\"_blank\" rel=\"noopener\">designed<\/a> to better align targets with real production \u2014 has failed to bridge the <a href=\"https:\/\/enterpriseam.com\/logistics\/2025\/11\/06\/today-cold-chain-maker-cgs-is-on-tadawul-ceva-logistics-acquisition-of-borusan-tedarik-is-complete\/\" target=\"_blank\" rel=\"noopener\">gap<\/a> between the UAE\u2019s <a href=\"https:\/\/enterpriseam.com\/uae\/2024\/06\/03\/opec-extends-supply-cuts-granting-the-uae-a-higher-production-quota-for-2025\/\" target=\"_blank\" rel=\"noopener\">expanding capacity<\/a> and the limits imposed by the system. The UAE has been planning to ramp up production by as much as 30%, something that doesn\u2019t fit neatly inside Opec\u2019s quota system, Vakulenko adds.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>\u201cBy exiting Opec, the UAE could increase production beyond its current <\/strong><strong>quota <\/strong>\u2014 potentially achieving a capacity closer to 4.8 mn barrels per day,\u201d Al Gaaod adds. Once flows normalize, the country could feasibly add nearly 1 mn bbl \/ d \u2014 roughly 1% of global demand, with production rising gradually as conditions stabilize, particularly after normalization of energy flows through Hormuz, Schmit adds.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>There\u2019s also a deeper market-structure play behind the exit<\/strong>: \u201cIn previous Opec meetings, agreed upward changes with Saudi Arabia to the UAE\u2019s production baseline level and quota were a short-term fix to a larger, long-term issue \u2014 namely, the UAE\u2019s expanding production capacity to provide the necessary liquidity for the physically deliverable IFAD Murban futures contract,\u201d Tchilinguirian highlights.<\/p>\n<p class=\"tag-border-left\">What does this mean?<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Outside Opec, the UAE gains the freedom to increase output<\/strong> \u2014 and the incentive to do so \u2014 which could reshape supply dynamics once the current disruption cycle fades, Vakulenko said. This has implications for internal dynamics: without the UAE inside the tent, Saudi Arabia is left carrying more of the burden alone, raising questions about how long it can continue to act as the market\u2019s swing producer without internal alignment, Rystad Energy\u2019s Jorge Leon told Reuters.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>At the same time, capacity constraints become more visible: <\/strong>Iran and Iraq have little meaningful spare capacity \u2014 which means Opec\u2019s ability to smooth supply imbalances is directly weakened without the UAE in the mix, Vakulenko adds. That makes coordination more critical: \u201cMost participants lack excess capacity and need pooled coordination as protection against volatility they cannot absorb individually,\u201d Lehmacher notes.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>This feeds directly into the volatility outlook: <\/strong>A structurally weaker Opec points to a potentially more volatile oil market once current disruptions ease, as the group\u2019s ability to manage supply diminishes, Leon says. Market behavior is already shifting in response: \u201cWhen both transit infrastructure and governance protocols fail, operators shift from spot exposure to long-term contracted capacity with built-in resilience premiums,\u201d Lehmacher adds.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The upshot: <\/strong>\u201cThe main market impact would be a significant reduction in Opec\u2019s influence over oil prices and coordination of output,\u201d Al Gaaod says.<\/p>\n<p class=\"tag-border-left\">What\u2019s next<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>\u201cIf other producers begin prioritizing market share over quota discipline<\/strong>, Opec\u2019s ability to manage orderly markets through coordinated supply adjustments may increasingly be called into question,\u201d Ole Hansen, head of commodity strategy at Saxo Bank, said in a research note seen by EnterpriseAM. If discipline erodes too far, the group\u2019s capacity to shape the market shifts from enforcement to mere signaling. \u201cThis could be the thin end of the wedge if it triggers further disintegration of the group,\u201d Oxley adds.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>What follows may be a shift in how the market operates: <\/strong>The next phase of the oil market may be less about coordination and more about competition: Monitor how the UAE manages its production \u2014 and whether Saudi Arabia adjusts its strategy to compensate.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The great system rewrite:<\/strong> \u201cWhile the UAE could potentially rejoin Opec if market conditions stabilize, such a departure would signal more than a temporary adjustment. It would represent a fundamental transformation in both energy strategy and geopolitical alignment, with profound implications for the structure and stability of global oil markets,\u201d Al Gaaod adds.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/saudi-arabia\/\">Saudi Arabia<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/the-big-story-today\/\">THE BIG STORY TODAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/uae\/\">UAE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95344 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"95344\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/95344\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95344\" class=\"content-area-description single-story post-95344 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/yanmuparks.com\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/425.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95345\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"95345\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/egypts-govt-lines-up-40-lng-cargoes-to-cover-summer-demand\/\">\r\n                            LNG cargoes en route                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/egypts-govt-lines-up-40-lng-cargoes-to-cover-summer-demand\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Four additional emergency shipments are built into the plan to maintain a steady flow and can be used or rolled over the next month, depending on demand, according to a separate <a href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2026\/04\/28\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AA%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D8%AA%D9%88%D8%B1%D9%8A%D8%AF-40-%D8%B4%D8%AD%D9%86%D8%A9-%D8%BA%D8%A7%D8%B2-%D9%85%D8%B3%D8%A7%D9%84-%D8%AE%D9%84%D8%A7%D9%84-%D9%85%D8%A7%D9%8A%D9%88-%D9%88%D9%8A%D9%88%D9%86%D9%8A%D9%88\" target=\"_blank\" rel=\"noopener\">report<\/a>.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Most of the cargoes are coming from US suppliers<\/strong>, our source tells us. The Export-Import Bank of the US <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/06\/israeli-gas-flows-return-to-pre-war-levels-following-leviathan-restart\/\" target=\"_blank\" rel=\"noopener\">approved over USD 2 bn<\/a> in export credit ins. earlier this month to support US LNG imports to Egypt through 2027 \u2014 backing contracts between the Egyptian General Petroleum Corporation and the global energy and commodities trading house Hartree Partners.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The plan will be to avoid hedging LNG<\/strong>, our source says, with the government opting instead to limit risk coverage to 50% of crude oil imports starting the new fiscal year, relying on the leverage of facilitated payment and settlement terms \u2014 made possible as Egypt scales up into one of the largest LNG importers.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>DATA POINT- <\/strong>Natural gas made up 45% of our fuel import bill in 1Q this year, with imports totaling USD 2.5 bn between January and March, Al Arabiya reports. May\u2019s shipments are expected to cover some 23-26% of local demand, equivalent to around 1.5-1.7 bcf\/d of natural gas.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>REMEMBER- Our natural gas import bill <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/efg-corp-solutions-and-infinity-ink-ev-charger-leasing-agreement\/\" target=\"_blank\" rel=\"noopener\">will jump 26% y-o-y to USD 10.7 bn<\/a><\/strong><strong> next fiscal <\/strong><strong>year. <\/strong>The government is allocating the funds to import 18.7 mn tons of gas to cover a domestic demand of roughly 7 bcf\/d. The budget will cover a mix of LNG cargoes and pipeline gas from Israel. The gas imports coming in from our eastern border are also set to get a 100 mmcf\/d boost, reaching some 1.15 bcf\/d starting May, we\u2019re told.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/egypt\/\">Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95347 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"95347\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/95347\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95347\" class=\"content-area-description single-story post-95347 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/transmar.com\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2700.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95348\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"95348\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Earnings Watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/\">\r\n                            NMDC Energy, Milaha\u2019s earnings are in                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Regional disruptions weigh on NMDC Earning, Milaha\u2019s earnings&url=https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/&title=Regional disruptions weigh on NMDC Earning, Milaha\u2019s earnings\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Regional+disruptions+weigh+on+NMDC+Earning%2C+Milaha%E2%80%99s+earnings+https%3A%2F%2Fenterpriseam.com%2Flogistics%2F2026%2F04%2F29%2Fregional-disruptions-weigh-on-nmdc-earning-milahas-earnings%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/510.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"95349\" data-permalink=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/regional-disruptions-weigh-on-nmdc-earning-milahas-earnings\/510-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/510.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"510.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/510.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/2\/510.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95348\" class=\"content-area-description single-story post-95348 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-earnings-watch tag-enterprise-logistics tag-milaha tag-qatar wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p class=\"tag-border-left\">NMDC Energy reports revenue growth despite regional tensions<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong> NMDC\u2019s EPC unit NMDC Energy saw its net income <\/strong><strong>drop 63% y-o-y \u2014 <\/strong><strong><a href=\"https:\/\/www.nmdc-group.com\/en\/media\/press-releases\/nmdc-energy-continues-growth-momentum-into-2025-with-robust-q1-financial-results\/\" target=\"_blank\" rel=\"noopener\">based on our own<\/a><\/strong><strong><a href=\"https:\/\/www.nmdc-group.com\/en\/media\/press-releases\/nmdc-energy-continues-growth-momentum-into-2025-with-robust-q1-financial-results\/\" target=\"_blank\" rel=\"noopener\">calculations<\/a><\/strong><strong> \u2014 to AED 80 mn in 1Q 2026 <\/strong>as regional tensions hit, according to its <a href=\"https:\/\/ent.news\/2026\/4\/1436.pdf\" target=\"_blank\" rel=\"noopener\">earnings release (pdf)<\/a>. Its revenues, meanwhile, climbed 33% to AED 5 bn over the same period, supported by strong backlog execution.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The company did not face interruptions<\/strong>, however, and is in a good position for the remainder of the year, it said, adding that its backlog stands at AED 35.3 bn as of the end of March, while its project pipeline reached AED 67 bn. The UAE remained the dominant contributor, accounting for 74% of total revenue.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>REMEMBER- The firm was planning to <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/uae\/2026\/02\/04\/adnoc-tecom-nmdc-energy-and-dubai-reit-turn-in-2025-results\/\" target=\"_blank\" rel=\"noopener\">enter new markets<\/a><\/strong><strong>,<\/strong><strong> including Nigeria and <\/strong><strong>Europe<\/strong>, CEO Ahmed Al Dhaheri said earlier, after rolling out new offices in Shanghai and Taiwan last year, according to its management and discussion analysis <a href=\"https:\/\/ent.news\/2026\/2\/224.pdf\" target=\"_blank\" rel=\"noopener\">report (pdf)<\/a>.<\/p>\n<p class=\"tag-border-left\">Milaha\u2019s 1Q earnings take the conflict hit<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Regional<\/strong><strong> conflict disruptions weigh on Milaha\u2019s 1Q earnings<\/strong><strong>: <\/strong>Qatari maritime and logistics firm Milaha saw its net income fall 20.6% y-o-y to QAR 297 mn in 1Q 2026, according to a <a href=\"https:\/\/www.milaha.com\/en\/news-and-media\/milaha-reports-q1-2026-net-profit-qr-297-million\" target=\"_blank\" rel=\"noopener\">press release<\/a>. Meanwhile, the firm\u2019s operating revenue rose 15.2% y-o-y to QAR 874 mn during the same period.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Logistics and offshore bore the brunt of the pressure: <\/strong>Maritime &amp; Logistics earnings declined by QAR 15 mn, weighed down by reduced container shipping volumes and softer port activity amid conflict-related disruptions. Offshore net income fell by QAR 36 mn, reflecting lower EPCIC revenues, weaker vessel utilization, and elevated operating costs. Meanwhile, Gas and Petrochem earnings also eased by QAR 5 mn, following the sale of two VLGCs in 2025.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\">\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/earnings-watch\/\">EARNINGS WATCH<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/milaha\/\">Milaha<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/logistics\/tag\/qatar\/\">Qatar<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"95350\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/29\/95350\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-95350\" class=\"content-area-description single-story post-95350 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> Calendar<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">MAY<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-aviation-energy-forum\/\" style=\"\">Aviation Energy Forum (AEF)<\/a><\/span><span style=\"font-weight:400;\">, Paris, France.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/all\/iata-ground-handling-conference\/\" style=\"\">Ground Handling Conference (IGHC)<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>19-21 May (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.tocworldwide.com\/en\/home.html\" style=\"\">Terminal Operations Conference & Exhibition<\/a><\/span><span style=\"font-weight:400;\">, Hamburg, Germany.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">JUNE<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-4 June (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.propakmena.com\" style=\"\">ProPak Mena<\/a><\/span><span style=\"font-weight:400;\">, Cairo, Egypt.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>4-5 June (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/supplyclo.com\" style=\"\">Supply Chain and Logistics Summit<\/a><\/span><span style=\"font-weight:400;\">, Amsterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>6-8 June (Saturday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.iata.org\/en\/events\/agm\/agm-2026\/\" style=\"\">IATA World Air Transport Summit<\/a><\/span><span style=\"font-weight:400;\">, Rio de Janeiro, Brazil.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>10-11 June (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.transportevents.com\/product\/black-sea-ports-and-logistics-2026-istanbul\/\" style=\"\">Black Sea Ports and Logistics<\/a><\/span><span style=\"font-weight:400;\">, Istanbul, Turkey.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-24 June (Sunday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/saudi-smartlogistics.com\/\" style=\"\">Saudi Smart Logistics<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia. <\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-23 June (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/decarbonizingforum.com\" style=\"\">Decarbonizing Shipping Forum<\/a><\/span><span style=\"font-weight:400;\">, Rotterdam, Netherlands.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 August-1 September (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aircargomiddleeastexpo.com\/?utm_source=referral-traffic&utm_medium=ref-visit&utm_campaign=google.com\" style=\"\">Air Cargo Middle East<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 August-1 September (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/SWLExpo\/\" style=\"\">Saudi Warehouse and Logistics Expo<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-17 September (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.saudimaritimecongress.com\/en\/home.html\" style=\"\">Saudi Maritime & Logistics Congress<\/a><\/span><span style=\"font-weight:400;\">, Dammam, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>22-24 September (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.terrapinn.com\/exhibition\/seamless-middle-east-fintech\/index.stm\" style=\"\">Seamless Middle East<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28-30 September (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/transportlogistic.de\/en\/transport-logistic-worldwide\/\" style=\"\">Transport Logistics Middle East<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>12-14 October (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.theairportshow.com\/en-gb\/visit.html\" style=\"\">The Airport Show<\/a><\/span><span style=\"font-weight:400;\">, Dubai, UAE.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>21-22 October (Wednesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/globalportsforum.com\/singapore-to-host-gpf\/global-ports-forum-singapore-draft-agenda\/\" style=\"\">Global Ports Forum<\/a><\/span><span style=\"font-weight:400;\">, Singapore.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>26-29 (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.aircargoforum.org\/event\/4d30ed99-e73f-4fcd-a160-2701037fad18\/summary\" style=\"\">Air Cargo Forum<\/a><\/span><span style=\"font-weight:400;\">, Miami, US.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>27-29 October (Tuesday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.routesonline.com\/events\/285\/routes-world-2026\/\" style=\"\">Routes World<\/a><\/span><span style=\"font-weight:400;\">, Riyadh, Saudi Arabia.<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;line-height:1.15;margin-right:-9pt;margin-left:0;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span>2-5 November (Monday-Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.adipec.com\/maritime-logistics\/\" style=\"\">ADIPEC Maritime and Logistics Exhibition and Conference<\/a><\/span><span style=\"font-weight:400;\">, Abu Dhabi, UAE.<\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>The implications of UAE leaving Opec | Covering Egypt\u2019s summer demand | Pipelines and corridors<\/p>\n","protected":false},"featured_media":95338,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-95337","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"229b329a-df74-4a1f-ada2-b865ab6f9348","teaser":"The implications of UAE leaving Opec | Covering Egypt\u2019s summer demand | Pipelines and corridors","photo_url":"https:\/\/ent.news\/2026\/4\/1509.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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