LogIn LogOut

Malaysia's Kimanis Crude Exports to Halve in April

February 19, 2020

Gumusut Kakap Platform - Image by Ika Prasetyawan - MarineTraffic
Gumusut Kakap Platform - Image by Ika Prasetyawan - MarineTraffic

New repair works scheduled by Royal Dutch Shell in its oilfields in Malaysia are likely to halve exports of Kimanis crude cargoes in April and squeeze supplies in Asia, two sources said on Wednesday.

Kimanis is Malaysia's largest export grade and it is produced from the deepwater fields of Gumusut-Kakap and Malikai offshore Sabah, which are operated by Shell.

Maintenance at Malikai was planned for April, but the operator recently scheduled repair works at Gumusut-Kakap during the same period, one of the sources said.

Gumusut-Kakap faced operational issues in late January, which has reduced Kimanis output to about 160,000-170,000 barrels per day, down from 190,000 bpd, the source said. Petronas and Shell did not respond to requests for comment.

The four cargoes to be loaded in April include a cargo that has been rolled over from March and another one that will load in April end and early May, according to the latest schedule issued this week.

Petronas will market two cargoes loading on April 3-7 and 9-13, while ConocoPhillips will sell the cargo for April 24-28 lifting. Shell has the fourth cargo loading on April 28 to May 2. Each cargo is 600,000 barrels.

A provisional program last week showed that exports were at seven cargoes in April, down from a revised eight cargoes in March. 

(Reporting by Florence Tan and Shu Zhang; Editing by Himani Sarkar and Arun Koyyur)

Current News

Eni Behind the Acquisition of KrisEnergy's Vietnam Block

Eni Behind the Acquisition of KrisEnergy's Vietnam Block

Derazona Orders Airbus' H160 Helicopter for Oil and Gas Sector in Indonesia

Derazona Orders Airbus' H160 Helicopter for Oil and Gas Sector in Indonesia

Shearwater Wins 3D Seismic Survey Gig Offshore Vietnam

Shearwater Wins 3D Seismic Survey Gig Offshore Vietnam

Boskalis Serves MMHE with Arbitration Notice, Seeking $12M for Bokor Project Delays

Boskalis Serves MMHE with Arbitration Notice, Seeking $12M for Bokor Project Delays

Emperor Energy Buys Judith Field Seismic Data. Gets More Time to Find Drilling Partner

Emperor Energy Buys Judith Field Seismic Data. Gets More Time to Find Drilling Partner

China: CNOOC Searching for Three Missing After Fire on Offshore Platform Doused

China: CNOOC Searching for Three Missing After Fire on Offshore Platform Doused

Velesto Secures 7-well Drilling Deal with Shell in Malaysia

Velesto Secures 7-well Drilling Deal with Shell in Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com