Abu Dhabi port authorities have removed restrictions on oil tankers going to and from Qatar. Abu Dhabi Petroleum Ports Authority issued a new circular on Wednesday removing previous restrictions on non-Qatar owned, flagged or operated vessels sailing to and from Qatar.
This effectively allows direct trade between the two ports and co-loading of crude cargoes. The ban on vessels carrying the Qatari flag and vessels owned or operated by Qatar is still in place, according to the circular.But given there are few Qatari-flagged or owned vessels, this is unlikely to have as big an impact on the market as the previous circular.
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