Bloomberg: Due to the Yemeni blockade, Asian refineries refuse to receive Saudi oil via the Red Sea ..اخبار محلية

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The American agency “Bloomberg” reported on Monday that Asian refineries are pressuring Saudi Aramco to change the loading ports for their oil shipments, due to the difficulty of finding tankers willing to sail through the Red Sea and Bab Al-Mandeb, in light of the Yemeni naval blockade imposed on the Kingdom.Exclusive Follow-ups – Al-Khabar Al-Yemeni:The agency quoted traders as saying that at least two Asian refineries have requested to receive Saudi oil shipments from the Egyptian port of Sidi Kerir on the Mediterranean Sea instead of Yanbu port on the Red Sea. The requests relate to shipments scheduled for September under long-term contracts with Aramco.According to traders, one refinery may forgo its monthly allocation due to the high cost of transporting oil from Sidi Kerir to Asia via the route around Africa.Some Saudi shipments had already been diverted to the Egyptian port, while Aramco requested refineries in Japan and South Korea to receive their shipments from Sidi Kerir, while most refineries in China, Taiwan, and India were asked to receive oil from Yanbu.Read also: Sana’a forces announce targeting a Saudi landing ship and four escort vesselsYanbu has become an important point for Saudi Arabia to continue exporting crude oil after navigation disruptions through the Strait of Hormuz. However, risks in the Red Sea are now imposing additional restrictions on tankers heading to Asia.Ship-to-Ship Transfers:The agency indicates that Aramco cut its main selling price for crude oil for its Asian customers for September to its lowest level since 2020. However, final prices for shipments loaded from ports far from Ras Tanura may be higher due to additional transportation and logistics costs.Bloomberg also revealed that Aramco has begun offering Saudi oil shipments on a ship-to-ship transfer basis, fearing the repercussions of Yemeni attacks on ships carrying Saudi oil.

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    مشاهدة bloomberg due to the yemeni blockade asian refineries refuse to receive

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