Malaysia's Kimanis Crude Exports to Drop in July After Offshore Outage

Exports of Malaysia's flagship Kimanis crude will fall in July following outages at two offshore oilfields near Sabah, according to a source familiar with the matter and a preliminary loading program.

Six Kimanis crude cargoes will be loaded in July, including one delayed from the previous month, the program showed.

Cargoes due to be loaded in May and June have been delayed by technical issues at the Gumusut-Kakap and Malikai deepwater fields, off the coast of Sabah.  

The Sabah Oil and Gas Terminal, which processes oil and gas produced from the region's offshore fields, has just given clearance for crude exports to resume, the source said, adding that the Gumusut-Kakap field is still gradually resuming production.

Shell and Petronas own the fields, which Shell operates. Neither immediately responded to requests for comment.

*rollover cargo from June

 (Reuters - Reporting by Florence Tan; Editing by Jacqueline Wong and Bradley Perrett)

Related Stories

Petrovietnam, Petronas Extend PSC for Offshore Block

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

CNOOC Starts Production at Two New Oil and Gas Projects

All Gas from Conrad’s Mako Field to be Sold to Indonesia’s PLN

Shell Launches Next Phase of Malaysia's Deepwater Project with First Oil Production

ADNOC Signs 15-Year LNG Supply Deal with Osaka Gas for Ruwais Project

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

ADNOC Secures LNG Supply Deal with India's BPCL

Japan's Mitsui Eyes Alaska LNG Project