Thread by @ed_fin

Tanker related short notes:

1. Russian crude is being shipped to China via Myanmar’s Kyaukpyu port, which is linked to PetroChina’s 260k b/d Anning refinery in Yunnan via the Burma Road pipeline network

2 vessels carrying Russian crude are declaring Kyaukpyu port end April/May

2. Nigeria’s April crude loading program running 2 weeks late. May loading dates are being postponed by up to 7 days due to production issues

Receipts at Forcados terminal fell -25% m/m to 185k b/d in March

ExxonMobil units in Nigeria declared force majeure on oil loadings

3.

2.6m bbl crude tanks to be added to Qinglanshan port

Sinochem has started on the project, which will comprise four 470,000 bbl tanks and one 690,000 bbl tank, to be completed by end of the year

Qinglanshan’s port tank farm capacity will increase from 7.5m bbls to 10.1m bbls

4. La Coruna, Spain refinery (120k b/d)’s crude unit No. 2 shut due to a fire last Friday

Uraguay’s La Teja refinery (50k b/d) refinery to shutdown for 90 days starting from 4th September

Shell’s Rheinland refinery (195k b/d) in Germany started month-long maintenance Thursday

source: Oil Brokerage Ltd, Singapore 🙏