August 01, 2024 17:13 GMT
TMX Loads 19 Aframaxes in July: Reuters
OIL
Around 19 Aframax ships loaded around 330k /bd of crude oil at Canada’s West Coast in July, the second full month of expanded Trans Mountain Pipeline operations, Reuters said.
- This is down from the 350k b/d that Trans Mountain loaded in June from 20 Aframaxes and one non-Aframax vessel.
- However, Bloomberg reported Western Canada loadings for July at a slightly higher 347k b/d.
- Trans Mountain has the capacity to load 34 Aframaxes a month. Each vessel can carry around 550k bbl.
- Around two thirds of the incremental TMX barrels have gone to Asia, according to Phillips 66 VP Brian Mandell.
- TMX was estimated to be around 80% full, with all committed capacity being used.
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