Report
Adnoc may begin routing some offshore crude through a Hormuz bypass pipeline in early 2027
Bloomberg reports the route would let buyers load Upper Zakum crude at Fujairah without sending tankers through the strait.
TLDR
Bloomberg reports that Adnoc told some Asian refiners part of their offshore crude supply is likely to move through a new pipeline in early 2027. People familiar with the matter said some Upper Zakum crude may be supplied from Fujairah, letting buyers load without sending ships through the Strait of Hormuz. Adnoc declined to comment on the reported timeline.
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