Bloomberg News

North Sea June Flotta Crude Cargoes Delayed on Reduced Output

June 08, 2012

Two North Sea Flotta cargoes for loading in June were delayed because of lower-than-expected production, according to an official at Talisman Energy Inc. (TLM), which operates the field.

The first cargo was deferred by 12 days and will load now from June 26 to June 28, while the second originally for June 27 to June 29 will be shipped in July, said the official who declined to be identified citing company policy. Both shipments are for 600,000 barrels each.

The shipping schedule of Flotta for July will be released later today or next week, he said.

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

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


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