February 03, 2025 11:34 GMT
OIL: South Sudan Crude Exports Rise in January
OIL
South Sudan’s crude exports rose in January, but there’s still no sign of shipments of Dar Blend crude almost a year after a pipeline for the grade was damaged, Bloomberg reports.
- Six tankers loaded an estimated 3.6m bbl from a terminal in Sudan in January, compared with 1.8m bbl in December. On a daily average basis, flows rose to 116k b/d in January from 58k b/d in December, the highest since early 2024.
- Two cargoes loaded last month delivered to Fujairah, three headed to Malaysia, one has been discharged at Sarroch on the Italian island of Sardinia.
- In early-January, Sudan lifted a force majeure notice issued in March 2024 on Dar Blend crude exports from South Sudan, signalling a resumption of shipments through a pipeline damaged during war. However, there is currently no sign that exports through the line have resumed, with all January cargoes identified as Nile Blend, according to Bloomberg.
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