UAE Oil Partners Told to Pick Up Barrels From Port Behind Hormuz

Abu Dhabi National Oil Co. has asked its onshore oil partners to collect their Murban crude from the port of Jebel Dhanna, which is located inside the Persian Gulf behind the Strait of Hormuz.Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Abu Dhabi National Oil Co. has asked its onshore oil partners to collect their Murban crude from the port of Jebel Dhanna, which is located inside the Persian Gulf behind the Strait of Hormuz.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.At least two of the six equity holders of the state-run company’s onshore output have been told the supply they are due this month should be picked up from the port, according to people with direct knowledge of the matter, who asked not to be named as they’re not authorized to speak to media. This would require tankers to transit Hormuz — the vital waterway that remains effectively closed due to the risk of Iranian attacks. The affected partner companies are contesting the instruction, done through verbal means, and no final decision has yet been made, the people said.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Adnoc, as United Arab Emirates producer is better known, owns 60% of the onshore concession, which has capacity to pump about 2 million barrels a day of Murban. TotalEnergies SE, BP Plc, China National Petroleum Corp., Inpex Corp., Zhenhua Oil Co. and GS Energy Corp. together hold the remaining 40%.Some of the volumes, which are now potentially being sent to Jebel Dhanna, were originally scheduled to load from Fujairah, which sits outside Hormuz, the people said. Adnoc is still marketing Murban from Fujairah, although some tanker owners including Japan’s Nippon Yusen KK are now avoiding the port due to the risk of missile or drone strikes.Inpex declined to comment. Adnoc and the five other partner companies didn’t respond to emailed requests for comment.—With assistance from Alfred Cang and Anthony Di Paola.Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.