Bloomberg News

North Sea Aasgard Crude August Exports Cut to Seven Cargoes

July 16, 2012

Exports of North Sea Aasgard crude for August were reduced to seven cargoes of 855,000 barrels, after the last lot for the month was postponed to September, a loading program obtained by Bloomberg News showed.

Shipments of Aasgard for July were also revised lower to seven from eight as one consignment was deferred to early August, the plan showed.

Loadings of Statfjord for July will be two cargoes of 855,000 barrels each, after one shipment was dropped, another schedule showed.

Statoil ASA (STL), 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.

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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