Abu Dhabi’s national oil company, ADNOC, has restored most of the Murban crude supply to its partners in the onshore fields pumping the UAE’s flagship crude grade, after cuts were made last month, numerous trading sources told Reuters on Thursday.
BP, TotalEnergies, China National Petroleum Corporation (CNPC), Zhenhua Oil, Inpex of Japan, and South Korea’s GS Energy are partners of the UAE’s state energy firm in ADNOC Onshore. These equity holders are entitled to receive about 40% of the Murban output, which is around 2.1 million barrels per day (bpd).
ADNOC last month notified its partners that the total Murban crude supply would be cut by up to 4 million barrels for the month of July, according to Reuters’ sources.
But term supply customers, such as refiners, haven’t seen any cuts.
“ADNOC has maintained uninterrupted supply to our customers, with no cessation of Murban sales contracts or nominations in June and July,” a spokesperson for the company told Reuters.
In early June, ADNOC expected lower export volumes of its flagship Murban crude between August 2025 and May 2026, as it plans to process higher volumes of the grade domestically.
ADNOC plans to export 1.705 million barrels per day (bpd) of Murban Crude in August, down by 65,000 bpd compared to the previous schedule, Reuters reported last month, citing an ADNOC report.
The drop in the Murban volumes for export is chiefly the result of higher processing of the grade at the Ruwais refinery in the UAE amid an optimization in the plant’s feedstock, according to ADNOC.
The company pumping nearly all the crude in one of OPEC’s top producers, the United Arab Emirates (UAE), will also lower its Murban crude exports by between 100,000 bpd and 177,000 bpd from September 2025 to May 2026, according to ADNOC’s revised export plans.
By Charles Kennedy for Oilprice.com
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