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July's TMX loadings Slip to ~330,000 bpd

OIL

19 Aframax’s loaded ~330,000 bpd of crude in July from the new TMX pipeline according to Vortexa.

  • The figure comes in slightly lower than June where flows left at ~350,000 bpd via 20 vessels.
  • The facility has the capacity to take about 34 vessels.
  • Exports from the facility have mainly sailed to the U.S. West Coast and China.
  • "About two-thirds of incremental TMX barrels have gone into Asia, which has been a bit of a surprise for us,” according to Phillips 66 vice president Brian Mandell.
  • Executive VP of Cenovus, Geoff Murray, said U.S. West Coast refiners were still testing the costings and economics of running Canadian heavy barrels.
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19 Aframax’s loaded ~330,000 bpd of crude in July from the new TMX pipeline according to Vortexa.

  • The figure comes in slightly lower than June where flows left at ~350,000 bpd via 20 vessels.
  • The facility has the capacity to take about 34 vessels.
  • Exports from the facility have mainly sailed to the U.S. West Coast and China.
  • "About two-thirds of incremental TMX barrels have gone into Asia, which has been a bit of a surprise for us,” according to Phillips 66 vice president Brian Mandell.
  • Executive VP of Cenovus, Geoff Murray, said U.S. West Coast refiners were still testing the costings and economics of running Canadian heavy barrels.