North Sea Aasgard Crude Exports to Rise by 5.8% in September

Daily exports of North Sea Aasgard crude in September will increase by 5.8 percent from August, a loading program obtained by Bloomberg News showed.

The schedule comprises six cargoes of 855,000 barrels each and one shipment of 1 million barrels, totaling 204,333 barrels a day, the plan showed. This compares with seven lots of 855,000 barrels amounting to 193,065 barrels a day in August.

Loadings of Grane will drop to four shipments of 600,000 barrels, two less than August, according to a separate plan.

Statoil ASA (STL), Norway’s largest oil company, 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