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OIL: Forties Output to Edge Down to 226.4kb/d in December: Ineos

OIL

North Sea Forties output will edge down to 226.4kb/d in December from 228.1kb/d in November, according to pipeline operator Ineos.

  • Forties output is forecast at 194.2kb/d in September and 226.3kb/d for October.
  • Buzzard’s share in Forties blend is expected at 23.2% in December, compared with 21.2% in November.
  • Buzzard share in Forties jumped to 31% in the week to Aug. 25 compared to 7% a week earlier.

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