Saudi Aramco Cancels March Term LPG Cargoes After Juaymah Pipeline Collapse -- OPIS

Dow Jones02-26 16:12

Saudi Aramco has canceled scheduled March-loading LPG term cargoes following a structural collapse of propane and butane pipelines at its Juaymah natural gas liquids $(NGL)$ facility in the port of Ras Tanura on Monday, India-based sources confirmed on Thursday.

While the duration of the disruption remains unclear, analysts said a prolonged outage could affect nearly 300,000 metric tons of LPG shipments per month, equivalent to around six to seven Very Large Gas Carriers.

Some sources said Aramco's customers could seek U.S. cargoes as an alternative supply, although securing replacement barrels may be challenging as most March loading and delivery discussions have largely concluded.

The incident has also added uncertainty to the market, raising concerns over potential supply shortages. Sources said this is likely to lend support to higher Saudi Contract Prices, or CPs.

March CP swaps opened at $550/mt in Asia market hours on Thursday, up from $539/mt at the previous close, OPIS data showed.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

By Cheryl Lee, clee@opisnet.com; Editing by Lujia Wang, lwang@opisnet.com

(END) Dow Jones Newswires

February 26, 2026 03:12 ET (08:12 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2614311018?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-26 16:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614311018","market":"fut","top_or_hot":-1,"title":"Saudi Aramco Cancels March Term LPG Cargoes After Juaymah Pipeline Collapse -- OPIS","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Saudi Aramco has canceled scheduled March-loading LPG term cargoes following a structural collapse of propane and butane pipelines at its Juaymah natural gas liquids <a href=\"https://laohu8.com/S/NGL\">$(NGL)$</a> facility in the port of Ras Tanura on Monday, India-based sources confirmed on Thursday. \n</p>\n<p>\n  While the duration of the disruption remains unclear, analysts said a prolonged outage could affect nearly 300,000 metric tons of LPG shipments per month, equivalent to around six to seven Very Large Gas Carriers. \n</p>\n<p>\n  Some sources said Aramco's customers could seek U.S. cargoes as an alternative supply, although securing replacement barrels may be challenging as most March loading and delivery discussions have largely concluded. \n</p>\n<p>\n  The incident has also added uncertainty to the market, raising concerns over potential supply shortages. Sources said this is likely to lend support to higher Saudi Contract Prices, or CPs. \n</p>\n<p>\n  March CP swaps opened at $550/mt in Asia market hours on Thursday, up from $539/mt at the previous close, OPIS data showed. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  This content was created by Oil Price Information Service, which is operated by Dow Jones &amp; Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Cheryl Lee, clee@opisnet.com; Editing by Lujia Wang, lwang@opisnet.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2026 03:12 ET (08:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Saudi Aramco Cancels March Term LPG Cargoes After Juaymah Pipeline Collapse -- OPIS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSaudi Aramco Cancels March Term LPG Cargoes After Juaymah Pipeline Collapse -- OPIS\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-26 16:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Saudi Aramco has canceled scheduled March-loading LPG term cargoes following a structural collapse of propane and butane pipelines at its Juaymah natural gas liquids <a href=\"https://laohu8.com/S/NGL\">$(NGL)$</a> facility in the port of Ras Tanura on Monday, India-based sources confirmed on Thursday. \n</p>\n<p>\n  While the duration of the disruption remains unclear, analysts said a prolonged outage could affect nearly 300,000 metric tons of LPG shipments per month, equivalent to around six to seven Very Large Gas Carriers. \n</p>\n<p>\n  Some sources said Aramco's customers could seek U.S. cargoes as an alternative supply, although securing replacement barrels may be challenging as most March loading and delivery discussions have largely concluded. \n</p>\n<p>\n  The incident has also added uncertainty to the market, raising concerns over potential supply shortages. Sources said this is likely to lend support to higher Saudi Contract Prices, or CPs. \n</p>\n<p>\n  March CP swaps opened at $550/mt in Asia market hours on Thursday, up from $539/mt at the previous close, OPIS data showed. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  This content was created by Oil Price Information Service, which is operated by Dow Jones &amp; Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Cheryl Lee, clee@opisnet.com; Editing by Lujia Wang, lwang@opisnet.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2026 03:12 ET (08:12 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4590","symbol_name":"PTP","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2614311018","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614311018","pubTimestamp":1772093520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Saudi Aramco has canceled scheduled March-loading LPG term cargoes following a structural collapse of propane and butane pipelines at its Juaymah natural gas liquids  facility in the port of Ras Tanura on Monday, India-based sources confirmed on Thursday.While the duration of the disruption remains unclear, analysts said a prolonged outage could affect nearly 300,000 metric tons of LPG shipments per month, equivalent to around six to seven Very Large Gas Carriers.Some sources said Aramco's customers could seek U.S. cargoes as an alternative supply, although securing replacement barrels may be challenging as most March loading and delivery discussions have largely concluded.The incident has also added uncertainty to the market, raising concerns over potential supply shortages. Sources said this is likely to lend support to higher Saudi Contract Prices, or CPs.March CP swaps opened at $550/mt in Asia market hours on Thursday, up from $539/mt at the previous close, OPIS data showed.This c","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4590":"PTP","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4144":"石油与天然气的储存和运输","LPG":"Dorian LPG","NGL":"NGL Energy Partners LP"},"translate_title":"Juaymah管道倒塌后，沙特阿美公司取消了3月份液化石油气运输——OPIS","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NGL":1,"LPG":1.5},"content_text":"Saudi Aramco has canceled scheduled March-loading LPG term cargoes following a structural collapse of propane and butane pipelines at its Juaymah natural gas liquids $(NGL)$ facility in the port of Ras Tanura on Monday, India-based sources confirmed on Thursday. \n\n\n  While the duration of the disruption remains unclear, analysts said a prolonged outage could affect nearly 300,000 metric tons of LPG shipments per month, equivalent to around six to seven Very Large Gas Carriers. \n\n\n  Some sources said Aramco's customers could seek U.S. cargoes as an alternative supply, although securing replacement barrels may be challenging as most March loading and delivery discussions have largely concluded. \n\n\n  The incident has also added uncertainty to the market, raising concerns over potential supply shortages. Sources said this is likely to lend support to higher Saudi Contract Prices, or CPs. \n\n\n  March CP swaps opened at $550/mt in Asia market hours on Thursday, up from $539/mt at the previous close, OPIS data showed. \n\n\n \n\n\n  This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  By Cheryl Lee, clee@opisnet.com; Editing by Lujia Wang, lwang@opisnet.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2026 03:12 ET (08:12 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2614311018","isCrawlerRequest":true}