Saudi Arabia has begun organizing shuttle transfers of its oil, involving offering shipments from locations off the Omani coast through ship-to-ship transfers, in an attempt to bypass navigation disruptions in the Red Sea.Exclusive Follow-ups – Al-Khabar Al-Yemeni:According to reports published by both Reuters and Bloomberg, Aramco is offering oil shipments under a ship-to-ship transfer mechanism, before loading them onto larger tankers near the Omani coast, suggesting a partial redirection of Saudi exports originating from within the Arabian Gulf.Information indicates that this step comes after Saudi Arabia increasingly relied on Yanbu port in the Red Sea to reduce its dependence on the Strait of Hormuz. However, the escalating risks in the Red Sea and Bab Al-Mandeb following the Yemeni naval blockade decision have pushed Saudi Arabia to seek alternative routes.The information clarifies that some tankers resort to disabling tracking systems while sailing, in an attempt to reduce the chances of their movements being detected. Meanwhile, maritime transport operations via longer and more complex routes have become an option to bypass maritime chokepoints.Read also: Bloomberg: Due to the Yemeni blockade, Asian refineries refuse to receive Saudi oil via the Red SeaAsian Refineries Avoid the Red Sea:In a related context, Bloomberg agency revealed today 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 navigation to and from the Kingdom.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.Yanbu 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.Aramco has also resorted to cutting 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.Read also: Fox News: Bab Al-Mandeb turns into a new strategic challenge for Washington after HormuzGrowing Pressures:Saudi oil exports to Asia face growing pressures due to security risks and rising shipping and insurance costs, at a time when Riyadh is seeking to maintain the flow of its exports through multiple ports and routes.The resort to ship-to-ship transfers reflects the complexity of the options available to Saudi Arabia for exporting its oil, amid ongoing disruption in the region’s strategic maritime passages.
Saudi Arabia resorts to ship-to-ship its oil transfers to bypass Red Sea risks first appeared on الخبر اليمني.
مشاهدة saudi arabia resorts to ship to ship its oil transfers to bypass red sea risks
يذكر بـأن الموضوع التابع لـ saudi arabia resorts to ship to ship its oil transfers to bypass red sea risks قد تم نشرة اليوم ( ) ومتواجد على الخبر اليمني ( اليمن ) وقد قام فريق التحرير في برس بي بالتاكد منه وربما تم التعديل علية وربما قد يكون تم نقله بالكامل اوالاقتباس منه ويمكنك قراءة ومتابعة مستجدادت هذا الخبر او الموضوع من مصدره الاساسي.
وختاما نتمنى ان نكون قد قدمنا لكم من موقع Pressbee تفاصيل ومعلومات، Saudi Arabia resorts to ship-to-ship its oil transfers to bypass Red Sea risks.
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