Bloomberg News

North Sea Troll, Aasgard Crude Oil Exports to Climb in November

October 11, 2011

Oct. 11 (Bloomberg) -- Daily exports of North Sea Troll crude oil for November will increase by 17 percent from this month, a loading program obtained by Bloomberg News showed.

The schedule comprises 12 cargoes of 600,000 barrels, one 1 million-barrel shipment and one 300,000-barrel. That amounts to 8.5 million barrels, or 283,333 barrels a day, compared with 241,935 barrels a day this month, according to the plan.

Exports of Aasgard will increase to nine 855,000-barrel cargoes in November, one more than this month, according to a separate program. That will total 7.695 million barrels, or 256,500 barrels a day, compared with 220,645 barrels a day in October.

Statoil ASA, Norway’s largest oil and gas producer, operates the two fields.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

--Editors: Raj Rajendran, Rob Verdonck.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus