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John Sverdrup Recovery Leads Higher N Sea Crude Loadings in March

OIL

The North Sea combined BFOET exports are set to rise to 716kbpd in March from 707kbpd in February according to the latest loading schedules.

  • Norway is showing an increased loading schedule in March due to a recovery in output from Johan Sverdrup to record high volumes. Production from the field has been limited at the start of this year due to phase 2 power supply system problems.
    • Aasgard: 3 cargoes vs 3; 63kbpd down from 70kbpd
    • Ekofisk: 13 cargoes vs 12; 252kbpd down from 257kbpd
    • Grane: 9 cargoes vs 11; 174kbpd up from 150kbpd
    • Gullfaks: 7 cargoes vs 6; 179kbpd up from 170kbpd
    • Johan Sverdrup: 33 cargoes vs 27; 745kbpd up from 642kbpd
    • Oseberg: 4 cargoes vs 3; 77kbpd up from 64kbpd
    • Statfjord: 2 cargoes vs 2; 52kbpd down from 55kbpd
    • Troll: 6 cargoes vs 8; 116kbpd down from 150kbpd

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