North Sea Gullfaks Oil Exports Unchanged at Five Cargoes in July

Exports of North Sea Gullfaks crude for July 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 decline to three cargoes of 855,000 barrels each, according to a separate schedule. Exports for June were revised to five consignments, after one lot was added to the program.

Aasgard exports for July will comprise eight 855,000-barrel cargoes, unchanged from June, a plan showed.

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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