{"id":96752,"date":"2026-06-10T00:00:00","date_gmt":"2026-06-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/?p=96752"},"modified":"2026-06-10T05:40:30","modified_gmt":"2026-06-10T05:40:30","slug":"uae-oil-exports-are-rising-even-as-gulf-shipping-faces-pressure","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2026\/06\/10\/uae-oil-exports-are-rising-even-as-gulf-shipping-faces-pressure\/","title":{"rendered":"UAE oil exports are rising even as Gulf shipping faces pressure"},"content":{"rendered":"<p><strong>The UAE is showing it can keep crude moving even with Hormuz under strain<\/strong>, despite its <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/05\/18\/adnoc-set-to-accelerate-west-east-pipeline-construction-as-it-hedges-against-supply-chain-bottlenecks\/\" target=\"_blank\">second pipeline bypassing the strait<\/a> still being under construction. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-08\/uae-sells-bumper-gulf-oil-volumes-for-loading-over-coming-months\" target=\"_blank\">Bloomberg<\/a>&rsquo;s tanker data indicates exports held at about 2.6 mn bbl \/ d in May &mdash; not too far from its 3.1 mn bbl \/ d exports last year &mdash;  and that&rsquo;s thanks to a series of moves by Adnoc ranging from spot sales and flexible delivery options to braving the strait in the dark.<\/p>\n<p><strong>Adnoc sold at least 14 mn barrels of crude to Asian buyers through a spot tender<\/strong>, the business information service says, citing traders in the know. The cargoes &mdash; comprising Upper Zakum, Umm Lulu, and Das Blend crude &mdash; were placed with refiners across China, Japan, South Korea, and India, reportedly at premiums a few greenbacks above the Dubai benchmark. This is a sign that buyers are willing to pay up for crude that can be delivered despite logistical and security complications.<\/p>\n<p><strong>The sale follows the June-September loading tender<\/strong> <a href=\"https:\/\/enterpriseam.com\/uae\/2026\/06\/03\/this-morning-adnoc-resumes-naphtha-exports-via-oman-eyes-a-multi-fuel-pipeline-bypassing-hormuz\/\" target=\"_blank\"><strong>we reported on last week<\/strong><\/a>, which allowed buyers to bid for up to 2 mn bbl per cargo on a cost-and-freight basis. The scale of the offering suggested Adnoc was prepared to market substantial volumes despite ongoing disruption to Gulf shipping routes.<\/p>\n<p><strong>The tenders are not just premiums &mdash; they are also about keeping buyers anchored.<\/strong> &ldquo;With Gulf transits this thin, any reliably deliverable barrel commands a premium, and spot tenders let Adnoc capture that rather than locking it into term pricing,&rdquo; Aditya Saraswat, MENA research director, tells EnterpriseAM.<\/p>\n<p><strong>More barrels are on the way &mdash; and delivery is looking very different.<\/strong> Adnoc launched a second tender offering the same crude grades for June-August loading, closing on 11 June, <a href=\"https:\/\/www.reuters.com\/business\/energy\/adnoc-issues-second-tender-uae-crude-cargoes-one-week-2026-06-08\/\" target=\"_blank\">Reuters<\/a> reports. Buyers can bid for up to 2 mn bbl per cargo, with crude available from Fujairah storage, Zirku Island, Das Island, or via ship-to-ship transfers between Fujairah and Sohar. That builds on earlier flexibility offered to term customers, <a href=\"https:\/\/enterpriseam.com\/logistics\/2026\/04\/30\/adnoc-maps-full-stack-gas-play-in-us\/\" target=\"_blank\">who were told<\/a> May cargoes could be lifted through alternative delivery points on a case-by-case basis.<\/p>\n<p><strong>Fujairah is the UAE&rsquo;s Hormuz workaround.<\/strong> &ldquo;The UAE has a Hormuz-independent export node in Fujairah, fed by Adcop at 1.8 mn bpd nameplate capacity. No other Gulf exporter except Saudi (via the East-West line to Yanbu, itself now exposed to Houthi threats) has anything comparable,&rdquo; Saraswat says. &ldquo;That&rsquo;s why UAE crude exports have held near 60% of pre-conflict levels while purely Hormuz-dependent flows collapsed toward zero,&rdquo; he adds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adnoc is selling mns of barrels, rerouting cargoes, and tapping alternative loading points to keep UAE crude exports moving<\/p>\n","protected":false},"author":0,"featured_media":96753,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[183,32,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-adnoc","tag-trade","tag-uae","wpautop","entry"],"acf":{"full_issue_title":"UAE oil exports are rising even as Gulf shipping faces pressure","teaser":"Adnoc is selling mns of barrels, rerouting cargoes, and tapping alternative loading points to keep UAE crude exports moving","mongo_id":"30974cfe0236669049649b53","order":"5","related_issue":[96743],"story_type":"1"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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