Crude oil and condensate exports from the UAE are set to gain traction as shipments out of Fujairah’s off-shore export terminals resume after a hiatus of more than two weeks caused by heavy rains and flooding.
ADNOC Onshore said in a statement: “Loading operations have partially recommenced at Fujairah Main Oil Terminal and reinstatement activities continue.” It added that the company continues to use alternative loading points at Fujairah and Jebel Dhanna to export oil. ADNOC diverted crude to Jebel Dhanna after the disruption caused by flooding.
On August 16 the supertanker Kashimasan loaded from Das Island, then also at the single-point mooring facility off the coast of Fujairah, before sailing toward Cochin, India, according to tanker-tracking data monitored by Bloomberg. The VLCC was the first tanker to arrive at Fujairah since ADNOC suspended loading operations from the terminal in late July.
In August UAE oil shipments shrank to about 3.57 million barrels a day in the first 16 days of the month. That was a modest drop from a revised 3.72 million barrels a day in July, when monthly volumes rose to the highest in more than five years.
Mousa Murad , director, Port of Fujairah, said: “Operations are returning to normal.
“While the port has been relatively unscathed by flooding, the associated oil terminals experienced a more severe impact. All of the loading points are now functional but some operators are still taking measures to protect their electrical components.”
For more information visit fujairahport.ae
