ConocoPhillips To Ship VLCC Of N Sea Ekofisk Crude To Chile
03 June 2009 - 9:41PM
Dow Jones News
A very large crude carrier loaded with North Sea Ekofisk crude
will sail to Chile Wednesday, after spending three and a half
months in use as floating storage in Scapa Flow, Scotland, Orkney
Islands Council Department of Harbours said.
The Malaysian-registered vessel Bunga Kasturi Dua, carrying
almost 2 million barrels of Ekofisk crude oil, anchored in Scapa
Flow on Feb. 14, the council said in a statement on its Web site
Wednesday.
The vessel was chartered by ConocoPhillips (COP) at a cost of
$52,000 a day for two years of time charter, shipping brokers
said.
"This leaves the Abqaiq and the Maersk Neptune still at anchor
in Scapa Flow, storing between them just under 4 million barrels of
Forties Crude," the council said.
Web site: http://www.orkneyharbours.com
-By Sherry Su, Dow Jones Newswires; +44(0)20-7842-9329;
sherry.su@dowjones.com