Malaysia's Kimanis oil exports hit by issue at Shell field, say sources | Malay Mail

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Malaysia's Kimanis oil exports hit by issue at Shell field, say sources

SINGAPORE, Sept 17 ― Exports of Malaysia's flagship crude oil Kimanis will fall in October and November after a production issue at an offshore oilfield operated by Royal Dutch Shell, three sources with knowledge of the matter said.

The outage will tighten Asia's sweet crude supplies, which could support prices for similar exports from Vietnam and the Atlantic Basin, traders said. The unit, which was supposed to resume operations this month, will remain shut until repair works are carried out in November, he said.

 

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