Saudi Aramco is set to continue its suspension of liquefied petroleum gas (LPG) exports into next month following serious damage at a key export site in late February, according to a report from Bloomberg citing people familiar with the matter. The disruption has tightened global supply chains and intensified pressure on buyers already struggling with reduced availability from the Middle East.
As per the report, people familiar with the situation added that the state-owned energy giant has informed customers that shipments from its Juaymah LPG facility will remain on hold through May.
The ongoing halt traces back to structural damage at the Juaymah facility, which occurred shortly before regional tensions escalated into broader conflict. A key support structure reportedly collapsed, triggering a suspension of LPG exports that has now stretched for weeks.
Aramco had previously indicated on Feb. 26 that shipments from Juaymah "scheduled for the next few weeks will be canceled," without offering further operational details. Since then, deliveries have remained frozen, tightening the global LPG balance.
Insiders also revealed in the report that the company has told select buyers it has been unable to carry out essential repairs at the site. This means supply interruptions are expected to continue regardless of broader geopolitical developments, including potential reopening of key maritime routes.
Even if shipping lanes through the Strait of Hormuz stabilize, exports from Juaymah are not expected to resume immediately, prolonging uncertainty in the LPG market.
Wider Energy Market Disruption Spreads Across Asia
The outage has come at a time when energy markets are already strained. LPG prices have surged as traders scramble for alternatives, while downstream markets, particularly in Asia, face persistent shortages. India, where LPG is widely used for household cooking, has been especially impacted by constrained imports. The broader regional conflict has also affected shipping routes, further restricting supply flows from other Middle Eastern exporters.
Juaymah, located on Saudi Arabia’s Gulf coast near Ras Tanura, is a critical node in Aramco’s export infrastructure. The Saudi energy ministry previously acknowledged fire damage at the site during regional attacks, though full details were not disclosed.
GetLatest NewsLive on Times Now along with Breaking News and Top Headlines fromBusiness,Economyand around theWorld.
Source: India Latest News, Breaking News Today, Top News Headlines | Times Now