News / Korea / yonhap_finance
UAE's Ruwais Refinery Returns to Full Capacity Ahead of Schedule
Energy Minerals · Oil Refining/Marketing · yonhap_finance · 2026-09-01
ADNOC has fully restored operations at its Ruwais refinery following a drone attack, achieving full capacity six months earlier than previously projected.
What Happened
Refinery Restoration: The Abu Dhabi National Oil Company (ADNOC) has successfully restored its Ruwais refinery to full operational capacity following a drone attack in March. This recovery occurred six months ahead of initial projections, with the facility now processing 922,000 barrels per day.
Market Impact: The return of the facility is expected to alleviate global supply shortages for refined products like diesel and jet fuel. Increased exports from this site are particularly significant for the European market, where diesel premiums have reached 15-year highs.
Previous Outlook: ADNOC CEO Sultan Al Jaber had previously suggested that a full recovery could take years, making the current progress significantly faster than anticipated. The company has already managed to restore its overall oil exports to approximately 70% of pre-conflict levels.
Regional Trends: Alongside the Ruwais facility, other refineries in the Middle East, such as Kuwait's Mina Al-Ahmadi, are seeing gradual increases in utilization rates. This trend provides much-needed relief to global energy markets strained by regional conflicts and supply chain disruptions.