Saudi Aramco halted Liquefied Petroleum Gas (LPG) exports from its Juaymah terminal in eastern Saudi Arabia this week after part of the delivery system carryingSaudi Aramco halted Liquefied Petroleum Gas (LPG) exports from its Juaymah terminal in eastern Saudi Arabia this week after part of the delivery system carrying

Aramco halts Juaymah LPG exports after system damage

2026/02/26 15:20
2 min read
  • Propane and butane exports affected
  • Incident occured on Monday
  • No injuries reported

Saudi Aramco halted Liquefied Petroleum Gas (LPG) exports from its Juaymah terminal in eastern Saudi Arabia this week after part of the delivery system carrying propane and butane was structurally damaged, the company said on Wednesday.

The incident occurred on Monday February 23. Aramco stopped LPG exports as it activated its emergency response plan, the company said in a statement.

Propane and butane deliveries scheduled from Juaymah for the next few weeks have been cancelled, while the scope and duration of the impact remain under evaluation.

No leaks were reported and no injuries occurred, Aramco said. Shipments of LPG from the west coast are not impacted, it added.

The outage was caused by the collapse of a portion of the trestle carrying propane and butane pipes, sources said earlier, citing a notice from Aramco to customers.

The Juaymah terminal, located near the Jafurah gas field and Aramco’s Ras Tanura refinery, is one of the world’s largest exporters of liquefied natural gases, which include propane and butane.

The outage hits propane and butane markets at the worst possible time as Saudi exports are critical for term buyers in Japan, Korea, China and India, Dubai-based NitrolTrading told clients in a note.

Further reading:

  • Aramco targets US in LNG expansion push
  • Analysts expect Aramco earnings malaise to persist
  • Aramco to export condensate from Jafurah gas plant in February

Average monthly exports of LPG from Juaymah averaged about 450,000 tons in 2025 and 2024, Kpler shiptracking data showed.

Last year, at least 60 percent of LPG exports from the Juaymah production facility were bound for India, the Kpler data showed, while China received around 15 percent.

Propane futures for March on the Far East index increased by nearly 5 percent after the Asian market closed to above $590 per metric ton, LSEG pricing data showed, hitting its highest level since early April 2025.

Market Opportunity
Particl Logo
Particl Price(PART)
$0.2256
$0.2256$0.2256
+0.17%
USD
Particl (PART) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

OCC Advances Crypto Oversight Ahead Of 2027 GENIUS Act Rollout

OCC Advances Crypto Oversight Ahead Of 2027 GENIUS Act Rollout

The US banking regulator has taken a major step toward formalizing crypto oversight. The GENIUS Act rulemaking process now begins as regulators seek structured
Share
Coinfomania2026/02/26 18:31
3 Paradoxes of Altcoin Season in September

3 Paradoxes of Altcoin Season in September

The post 3 Paradoxes of Altcoin Season in September appeared on BitcoinEthereumNews.com. Analyses and data indicate that the crypto market is experiencing its most active altcoin season since early 2025, with many altcoins outperforming Bitcoin. However, behind this excitement lies a paradox. Most retail investors remain uneasy as their portfolios show little to no profit. This article outlines the main reasons behind this situation. Altcoin Market Cap Rises but Dominance Shrinks Sponsored TradingView data shows that the TOTAL3 market cap (excluding BTC and ETH) reached a new high of over $1.1 trillion in September. Yet the share of OTHERS (excluding the top 10) has declined since 2022, now standing at just 8%. OTHERS Dominance And TOTAL3 Capitalization. Source: TradingView. In past cycles, such as 2017 and 2021, TOTAL3 and OTHERS.D rose together. That trend reflected capital flowing not only into large-cap altcoins but also into mid-cap and low-cap ones. The current divergence shows that capital is concentrated in stablecoins and a handful of top-10 altcoins such as SOL, XRP, BNB, DOG, HYPE, and LINK. Smaller altcoins receive far less liquidity, making it hard for their prices to return to levels where investors previously bought. This creates a situation where only a few win while most face losses. Retail investors also tend to diversify across many coins instead of adding size to top altcoins. That explains why many portfolios remain stagnant despite a broader market rally. Sponsored “Position sizing is everything. Many people hold 25–30 tokens at once. A 100x on a token that makes up only 1% of your portfolio won’t meaningfully change your life. It’s better to make a few high-conviction bets than to overdiversify,” analyst The DeFi Investor said. Altcoin Index Surges but Investor Sentiment Remains Cautious The Altcoin Season Index from Blockchain Center now stands at 80 points. This indicates that over 80% of the top 50 altcoins outperformed…
Share
BitcoinEthereumNews2025/09/18 01:43
Vitalik Buterin details ethereum strawmap roadmap for faster slots, finality and quantum-safe upgrades

Vitalik Buterin details ethereum strawmap roadmap for faster slots, finality and quantum-safe upgrades

Examining ethereum strawmap, this piece shows base-layer upgrades could speed finality and strengthen quantum-resistant security by 2029.
Share
The Cryptonomist2026/02/26 17:19