Norway's Equinor exports first UK Mariner Blend crude oil cargo to Europe
Topics: EQUINOR MARINER BLEND CRUDE OIL CARGO EUROPE
The 320,000-barrel Mariner Blend crude was sold at a discount to dated Brent, the officials told Reuters late on Wednesday.
Equinor started production from the Mariner field in the British North Sea in mid-August.
Production is expected to peak at 70,000 barrels per day (bpd) in the short term, said Simon James, vice president for crude trading and refinery optimisation at Equinor.
The new grade has an API gravity of 15.2 degrees, contains 1.1% sulphur and has a total acid number of 4.1, making it a high-TAN crude suitable for refineries with secondary units such as a coker or residue catalytic cracker, he said.
Besides Europe, the crude could also be processed at refineries in China and India, James added.
Equinor has a 65.11% stake in the field, while JX Nippon has 20%, Siccar Point has 8.89% and ONE-Dyas owns the remaining 6%. ■