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Malaysia’s Kimanis oil exports to fall in May on field maintenance

Friday, 11 March 2022 | 21:00

Exports of Malaysia’s flagship Kimanis crude oil are set to fall to six cargoes in May, down two from April, due to maintenance at oilfields offshore Sabah, a preliminary loading schedule showed on Friday.

Shell, operator of the oilfields that produce Kimanis, declined to comment. Oilfields equity owner Petronas did not immediately respond to a request for comment.

The Sabah Oil and Gas Terminal (SOGT), which processes oil and gas produced from the region’s offshore fields, will be shut in mid-May for brief maintenance, a source with knowledge of the matter said.

Following that, the Gumusut-Kakap field will have a maintenance in the second half of May, he said.

The maintenance could also reduce June supplies, he added.

Shell operates the two deepwater fields, Gumusut-Kakap and Malikai off the coast of Sabah, capable of producing 170,000 barrels per day of Kimanis crude at peak.
Source: Reuters (Reporting by Florence Tan; Editing by Sam Holmes)

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