Abu Dhabi National Oil Company (Adnoc) has said it will handle Qatari condensate, which was bound for Abu Dhabis Ruwais refinery, but diverted on 4 July.
Two cargoes carrying 1 million barrels of condensate for delivery to the Ruwais refinery were diverted, which prompted Qatar Petroleum to consider legal action against the Abu Dhabi oil company.
Adnoc said on 5 July that the diversion was due to the blockade against Qatari vessels in force on all UAE ports. However, it said that arrangements would be made to handle the shipments – the last under a year-long contract between the two oil companies.
Adnoc has made arrangements to handle the two remaining cargoes in question, and has communicated to Qatar Petroleum that no state of force majeure exists, the company said.
The UAE, Saudi Arabia, Bahrain as well as Egypt have imposed a air, land and sea blockade against Qatar accusing it of sponsoring terrorism and have demanded Dohas compliance to a list of demands.
Qatari-flagged vessels can no longer bunker at UAEs Jebel Ali and Fujairah ports, but shipments of liquefied natural gas (LNG) to Egypt have continued despite the blockade. LNG vessels typically do not sail under the flags of their source countries and use flags of convenience of states such as the Marshall Islands while sailing in international waters.
Qatar, which also supplies gas to the UAE through the Dolphin Pipeline, has said that it has no intention to halt supply.