Abu Dhabi National Oil Company has reportedly informed joint venture partners that loading from ports inside the Persian Gulf is no longer required.

According to informed sources, Abu Dhabi National Oil Company has informed its joint venture partners for its key grade Murban crude oil that there is no longer a need to ship goods from a port within the Persian Gulf. The anonymous source, who requested anonymity because the matter has not been made public, said that only for March shipments, partners will be allowed to ship the remaining 80% of Murban crude oil from Fujairah.