Sweden received the highest number of crude oil cargoes from Guyana in April 2025, according to vessel tracking intelligence provided by OilX, a firm specializing in global oil flow analytics.
Four shipments were delivered to Sweden during the month — two each by the Maran Atalanta and the Red Nova tankers. The Maran Atalanta lifted cargoes from the Destiny and Unity floating production, storage and offloading (FPSOs) units just two days apart. The Red Nova lifted crude from the Prosperity and Unity FPSOs.
The Netherlands was the second-largest destination, receiving three cargoes transported by the Cobalt Nova, Seaways Frio, and Aegean Marathon tankers. Panama followed closely, also with three shipments, lifted by the Seaways Colorado, Aquahonor, and Nordic Star.
In total, 19 crude cargoes were exported from Guyana in April. All were sourced from three ExxonMobil-operated FPSOs located offshore in the Stabroek Block. The block is developed by a consortium consisting of ExxonMobil (45%), Hess (30%), and CNOOC (25%).
Other countries receiving Guyanese crude in April included the United States, Germany, France, Spain, Poland, Brazil, the United Kingdom, and the Bahamas, OilX said, consistent with data from publicly available vessel tracking services.
OilX’s data indicates that while some of the crude is delivered to refineries for immediate processing in countries to which they were directly shipped, other cargoes are offloaded at oil terminals and pipeline hubs, suggesting they will be redistributed beyond the initial port of call.
The April data builds on trends observed in the first quarter of 2025, when Guyana exported 54 crude cargoes, with the Netherlands and Panama each receiving 14 shipments and tied as the top destinations during that period. With both countries receiving three additional cargoes in April, their respective totals now stand at 17 each. This brings Guyana’s total crude exports for the year to 73 cargoes over the January to April period, deepening the role of European and Latin American transit hubs in the country’s expanding oil trade.
The Guyana government projects the country will export 246 cargoes this year, each carrying approximately a million barrels, expected to generate US$17.61 billion.
