For repairs on one of the 3 processing units, Ineos, the operator of the main UK North Sea crude oil transport route is progressively reducing to 150,000 bpd flow on the Forties Pipeline System, said on Monday.
A key transit route for North Sea oil, the Forties pipeline and the Forties crude blend is the key component of the Brent-Forties-Oseberg-Ekofisk-Troll (BFOE) complex, setting the basis for future contracts with brent. Carrying around 450,000 bpd but able to transport up to 600,000 bpd of North Sea oil onshore for refining by the Forties pipeline. According to Ineon, it carries around 40% of UK’s oil and gas to the mainland.
“An operational issue with the main heater on Train 3 of the pipeline system at Kinneil requires immediate repair,” Ineos said in a statement today, adding that “The progressive reduction of flow through the pipeline is being managed with our customers and their offshore operations through this afternoon.”
Source: Oil Price