Saudi Arabia Oil Port May Have Loaded 11.1 Million Barrels a Day

Oil tankers able to haul a combined 11.1 million barrels a day went to the Saudi Arabian crude- export terminal at Ras Tanura in the latest week, ship-tracking data compiled by Bloomberg show.

Vessels with a combined capacity of 10.6 million deadweight tons arrived at the port in the week to April 21, compared with 11.3 million tons a week earlier, the data show. To estimate that tonnage in terms of barrels a day, the figure was multiplied by 7.33 to calculate the total barrels and then divided by seven, the number of days in the period.

Some of the ships may not have loaded all their cargoes at Ras Tanura, the data show. China will be the largest recipient, followed by South Korea. The Ras Tanura complex, including Ras al-Ju’aymah, is the world’s biggest crude terminal, according to the website of state-owned Saudi Arabian Oil Co., known as Saudi Aramco.

The first of the following tables lists by country the combined deadweight tonnage of tankers that called at Ras Tanura in the latest week, based on signals from the ships’ captains. The second gives weekly total tonnage for tankers calling at the terminal this year.

                    Week to                       Week to
                    April 21                      April 14
Country             Deadweight     Share (%)      Share (%)
China                1,772,037     16.7           16.2
South Korea          1,218,431     11.5            9.2
Japan                1,196,731     11.3           13.5
India                  785,517      7.4            3.8
U.S.                   780,497      7.4            5.5
South Africa           616,770      5.8            6.9
Saudi Arabia           615,698      5.8            9.0
Singapore              603,424      5.7           10.8
Philippines            317,800      3.0           --
Thailand               309,960      2.9            2.7
Oman                   309,741      2.9           --
Qatar                  281,501      2.7           --
U.A.E.                 281,050      2.6            6.3
Malaysia               179,589      1.7            2.8
France                 158,583      1.5           --
Bangladesh             106,547      1.0           --
Das Island             106,005      1.0           --
Pakistan                73,400      0.7           --
Unspecified            893,700      8.4            2.6
Total               10,606,981

                     Total DWT      Total barrels a day
Week ended           (Million)      (Million)
April 14             11.3           11.8
April  7              9.71          10.2
March 31              6.31           6.61
March 24              9.50           9.95
March 17              8.46           8.86
March 10              8.67           9.08
March  3              6.84           7.16
Feb.  25              6.47           6.77
Feb.  18              9.63          10.1
Feb.  11              9.02           9.45
Feb.   4              7.41           7.76
Jan.  28             10.1           10.6
Jan.  21              8.29           8.68
Jan.  14              7.83           8.2
Jan.   7              8.88           9.3

To contact the reporter on this story: Rob Sheridan in London at rsheridan6@bloomberg.net

Leave a Reply

Your email address will not be published. Required fields are marked *


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>