Tuesday, 6 March 2012

Sudan ops shutdown affecting output

from Business Times

It expects production to regain momentum from 2014 onwards when the Malikai and Gumusut-Kakap deepwater fields offshore Sabah come onstream. However, Petronas will continue to be affected by the shutdown in oil production in South Sudan, amid a deepening dispute between the newly-independent state with its northern neighbour Sudan. The shutdown has resulted in a production loss of up to 150,000 barrels a day for Petronas which owns a 40 per cent stake in Petrodar, a joint venture between the Malaysian firm, China National Petroleum Corp (40 per cent) and the South Sudan government (20 per cent).

No comments: