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  7. Oil tanker SKS SPEY will lift Guyana’s 3rd million-barrel oil cargo this weekend

Oil tanker SKS SPEY will lift Guyana’s 3rd million-barrel oil cargo this weekend

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05 Aug 2020 10:16 #383834 by chairman
Norwegian flag-carrier SKS SPEY will lift the third million-barrel oil cargo for Guyana this weekend. OilNOW understands the vessel is in a waiting area ahead of lifting the crude from the Liza Destiny FPSO.

Guyana lifted its first million-barrel entitlement back in February under a contract with Shell Western Supply and Trading Limited. This weekend’s lift will represent the final shipment under the existing contract between the government and Shell.

The Department of Energy said in June it was one step closer to hiring a firm to market Guyana’s share of Liza Crude on a long-term basis. Nineteen companies, including Shell, were shortlisted. One is expected to be appointed soon on a 12-month contractual basis.
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