After attacks, Saudi Aramco trading arm seeks oil to meet deliveries: sources

DUBAI/LONDON: Saudi Aramco is buying oil originating in neighboring countries to meet its supply obligations to foreign refineries, sources familiar with the matter told Reuters, after crippling attacks on the company's installations 10 days ago.

Drone and missile attacks on two facilities that process mainly light crude knocked down about 5.7 million barrels per day, more than half of the production of the world's top oil exporter. Even before the attacks, ATC used to buy and trade third-party crude from the market and swap it for oil products, but the sources said the kingdom’s reduced oil output had increased ATC’s demand for non-Saudi crude.ATC was arranging modest shipments of Emirati crude to Bahrain's refinery and other plants from Abu Dhabi's state oil company, two sources said.

"We also saw Murban going to Saudi Malaysia," another source said, referring to Pengerang Refining and Petrochemical , a joint venture between Malaysian national oil company Petronas and Aramco.ATC is also buying crude from the market to feed South Korea's third-largest refinery, S-Oil, with which Aramco is partnered in a joint venture.

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