Seaborne Kurdish crude exports from Ceyhan are planned to increase by around 40,000 b/d in November, after averaging around 200,000 b/d so far this month. Exports are now overseen by federal oil marketer Somo following last month’s landmark agreement that enabled their restart for the first time since April 2023 (MEES, 26 September).
According to a Somo loading program for November seen by MEES, 7.5mn barrels are to be sold in twelve nominations to five buyers, entailing an average of 250,000 b/d for the month. This exceeds the agreement’s minimum agreed figure of 230,000 b/d. Of this figure, 237,000 b/d are to be exported on tankers from Turkey’s Ceyhan terminal, while 13,000 b/d (400,000 barrels) have been sold to Turkish refiner Tupras’ Kirikkale refinery; the refinery receives crude via a pipeline from Ceyhan. (CONTINUED – 914 WORDS)
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