Bloomberg News

North Sea Gullfaks August Oil Exports to Be Stable at Five Lots

July 09, 2012

Exports of North Sea Gullfaks crude for August will be unchanged from this month at five cargoes of 800,000 barrels each, according to a loading program obtained by Bloomberg News.

Loadings of Statfjord will increase to four cargoes of 855,000 barrels each, one more than July, while exports of Grane will fall by one lot to six 600,000-barrel shipments, according to separate schedules.

Statoil ASA (STL), Norway’s largest oil and gas producer, operates the three 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.

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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