# UAE Revises Tender to Offer 1.87 Million Barrels of Saudi Crude By John Kim Canonical URL: https://www.tokenpost.com/news/business/53797 Published: 2026-11-11T10:13:07.000Z Updated: 2026-11-11T10:13:07.000Z Section: Business > The tender closed Nov. 9 and calls for ship-to-ship loading inside the Gulf from Nov. 10 through 20. A revised United Arab Emirates tender offers 1.87 million barrels of Saudi Arab Light crude aboard the damaged Gem No. 2 tanker, increasing the tender volume from 1.7 million barrels. The tender closed Nov. 9 and calls for the crude to be loaded by ship-to-ship transfer inside the Gulf between Nov. 10 and 20. The tender named the UAE Ministry of Energy and Infrastructure as the seller and was under the judicial supervision of the UAE Federal Public Prosecution. The offer involves Saudi crude already aboard the tanker, rather than a new increase in UAE oil production. Gulf shipping risks have also featured in [two tanker reports from Nov. 8](). Gem No. 2 was involved in an oil spill off the UAE coast. On Oct. 30, the UAE Ministry of Energy and Infrastructure said, “According to the latest field assessments, no new oil leakage has been detected from the tanker.” The Ministry of Climate Change and Environment said shoreline surveys, monitoring and cleanup were continuing. The tender documents do not identify a winning buyer or final sale price, and do not establish that a transfer was completed. The scheduled loading window runs through Nov. 20. ## Links in this article - [two tanker reports from Nov. 8](https://www.tokenpost.com/news/investing/53210)