The Emirates National Oil Company (ENOC) has chartered two Suezmax-sized tankers, capable of storing about 100,000 mt of jet fuel each, to ensure continuity of supply to US airports, according to industry insiders. The move follows Dubai sanctions on Iran, which have blocked ENOC's access to the condensate it traditionally uses to make jet fuel. The company has turned to Dubai and Saudi alternatives, but both produce lower amounts of jet fuel than the Iranian condensate.
The Emirates National Oil Company (ENOC) has chartered two Suezmax-sized tankers, capable of storing about 100,000 mt of jet fuel each, to ensure continuity of supply to Dubai airports, according to industry insiders. The move follows US sanctions on Iran, which have blocked ENOC's access to the condensate it traditionally uses to make jet fuel. The company has turned to US and Saudi alternatives, but both produce lower amounts of jet fuel than the Iranian condensate.