OIL: August North Sea BFOET Exports to Fall to Lowest Since June 2022

Jun-29 12:26By: David Lee

The North Sea combined BFOET exports are set fall to the lowest since June 2022 at 565kbpd in August compared to 655kbpd in July according to the latest loading schedules.

  • Brent: 2 cargoes in Aug vs 2 in Jul; 45kbpd unchanged from 45kbpd
  • Forties: 6 cargoes vs 8; 135kbpd down from 181kbpd
  • Oseberg: 3 cargoes vs 3; 68kbpd unchanged from 68kbpd
  • Ekofisk: 10 cargoes vs 11; 226kbpd down from 248kbpd
  • Troll: 4 cargoes vs 5; 90kbpd down from 113kbpd

Johan Sverdrup crude loadings are set to reach a record 24mbbls or 774kbpd in August compared to 755kbpd in July.