Free Trial

Finnart Terminal Pipeline Works Near Completion

OIL

Repair works at the pipeline to the Finnart terminal are nearing completion, two sources told Reuters.

  • A small leak on the pipeline that feeds the Grangemouth refinery from the Finnart terminal caused the terminal to shut in early January. The Grangemouth refinery had to take crude from the North Forties pipeline system instead for the past two months.
  • A Suezmax tanker, the Nordic Breeze, carrying US crude will arrive at the Finnart terminal in Scotland on 7 April according to Bloomberg ship tracking, suggesting the terminal may be returning to operations after being shut for almost three months.
  • Only one other tanker discharged at the terminal in the past two months.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.