>Saudi Aramco Products Trading Company (Aramco Trading) has, since its formation in early 2012, chartered vessels to move domestic products output – primarily gasoline and diesel – from the Gulf to Jiddah and Jazan on the Red Sea coast – helping western Saudi Arabia meet runaway, subsidy-driven product demand. Even with these domestic shipments (around 220,000 b/d for August), Saudi Arabia imported an additional 277,000 b/d of motor fuel via its Red Sea ports (see table).
>Aramco Trading transferred 138,000 tons of jet fuel into Jiddah from the eastern province’s Gulf coast in August, an unusual fuel movement that is likely in preparation for the Haj in mid-October when air traffic to Red Sea airports soars. (CONTINUED - 112 WORDS)
