Larry Johnson published a commentary on the post-war recovery status of the UAE's energy systems
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Larry Johnson published a commentary stating that UAE crude oil exports have recovered to pre-war levels, while other energy-related systems such as natural gas operations, petrochemical feedstock supply, and refined product inventories have not yet recovered. According to his disclosure, UAE crude oil supply reached a record high of 5.3 million barrels per day in September, Fujairah Port loading volumes peaked at 2.62 million barrels per day, and the Ruwais refinery resumed full-capacity operation by the end of August. However, the country's natural gas operations remain unrecovered, petrochemical plants lack feedstock, and fuel inventories are only one-third of pre-war levels; refined product inventories at Fujairah Port are down 65% from pre-war levels, gasoline and naphtha inventories are down 87%, and the ADCOP pipeline can only carry approximately one-third of crude oil export capacity.
AI-generated from reports · 12 hr agoUpdated
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- ZeroHedgeRecord oil output and empty tanks: the UAE's 'miracle recovery'
The UAE's crude supply reached a record 5.3 million barrels per day in September, with loading at Fujairah port peaking at 2.62 million barrels per day, and the Ruwais refinery returning to full capacity at the end of August. However, the country's natural gas operations have not yet recovered, petrochemical plants lack feedstock, and fuel reserves are only one-third of pre-war levels. Refined product stocks at Fujairah port are down 65% from pre-war levels, gasoline and naphtha stocks are down 87%, and the ADCOP pipeline can only handle about one-third of crude export capacity.
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