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Industry News
Source: The National

ADNOC Gas Evaluates Hormuz Bypass Routes as Gulf-China Tanker Earnings Hold

ADNOC Gas confirmed it is assessing alternative export corridors, including a feasibility study for an LNG terminal in Fujairah. The company highlighted Asia and west coast China as core target markets amid ongoing shipping dynamics in the Strait of Hormuz. Meanwhile, Middle East Gulf to China VLCC tanker earnings proved significantly more resilient than Atlantic crude routes.

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