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Norway’s Johan Sverdrup Loadings At Record Level In January

OIL

North Sea Johan Sverdrup loadings will rise to 703k b/d in January, the highest level since production started in late 2019, according to a program seen by Bloomberg.

  • This compares to December loadings of 640k b/d.
  • The January program includes 24 cargoes of 700k bbl each, two of 2mn bbl and one 1m bbl.
  • Production from the field’s second phase was scheduled for December. This will lift capacity to 750k b/d.

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