Forties June Program 20.4 Million Barrels, -600,000 Bbl On Mo-Trade
May 08 2009 - 8:43AM
Dow Jones News
The June loading program for North Sea Forties blend crude oil
schedules the loading of 20.4 million barrels, down 600,000 barrels
from 21 million barrels in May, a trader said Friday.
June's program consists of 34 standard 600,000 barrel
cargoes.
June's volume is equivalent to 680,000 barrels a day, compared
with 677,000 barrels a day in May.
There are over fifty oil fields making up Forties blend, with
the Buzzard field the largest component field, operated by Canadian
energy company Nexen Inc.(NXY). The Forties pipeline system is
fully owned and operated by BP PLC(BP).
-By Sherry Su, Dow Jones Newswires; +44(0)20-7842-9329;
sherry.su@dowjones.com