North Sea Grane Exports to Rise; Statfjord Drop, Gullfaks Stable

Shipments of North Sea Grane crude will rise in May, supplies of Gullfaks will be stable at six lots while Aasgard and Statfjord will both drop by one, four separate loading programs obtained by Bloomberg News showed.

Sales of Grane will be five lots of 600,000 barrels each in May, one more than this month, according to the plan.

Statfjord loadings will total four consignments next month, comprised of three lots of 800,000 barrels and one of 855,000 barrels, the program showed. That compares with three 800,000 barrel cargoes and two of 855,000 in April.

The six Gullfaks lots for May are all 800,000 barrel cargoes, according to the schedule. That compares with five of 800,000 barrels and one of 855,000 this month.

Aasgard shipments will total six consignments of 855,000 barrels and one of 1 million next month, the plan showed. April loadings are seven cargoes, each of 855,000 barrels.

Statoil ASA, Norway’s largest oil and gas producer, operates the four 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.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE