August 02, 2024 08:41 GMT
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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