Tanker arrives to lift Guyana’s second 1 million barrels of Liza Crude

Must Read

OilNOW is an online-based Information and Resource Centre

The oil tanker Sonangol Namibe has arrived offshore Guyana to lift the South American country’s second 1 million barrels of oil from the Liza Destiny FPSO at the Stabroek Block.

OilNOW understands the Bahamas flag carrier is expected to begin lifting the cargo on Wednesday.

Shell Western Supply and Trading Limited has been contracted to lift the country’s first three cargoes.

Following the second lift, Guyana is expected to have 3 more lifts of 1 million barrels of oil each remaining for 2020.

The country has already received close to US$60 million in profit oil and royalty since production began last December.

The Greece-registered crude oil tanker, Cap Philippe departed Guyana waters in February with the country’s first 1 million barrels of oil.




Partnered Events

Latest News

Hess facing three lawsuits over disclosures in Chevron deal

(Reuters) - Oil producer Hess (HES.N) on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over...

More Articles Like This