North Sea Gullfaks December Exports to Increase to Seven Cargoes

Exports of North Sea Gullfaks crude for December will increase to seven cargoes of 800,000 barrels each, one more than this month, according to a loading program obtained by Bloomberg News.

Loadings of Statfjord will decline to four 855,000 barrel shipments from five this month, a separate 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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