Bahia’s Mataripe refinery has imported the first shipment of Guyanase crude oil into Brazil. The oil, discharged between late January and early February from tanker Sonangol Portoamboim, was sold by Exxon Mobil Corp under in a spot deal for one cargo to the more than 300,000 barrel-per-day Mataripe refinery in Brazil, operated by Acelen and backed by Abu Dhabi’s Mubalada fund, according to the source. Most of the sweet light crude is lower-sulfu. Guyana does not refine any of its oil, which ends up in Asian markets. Petrobras also gained market share in Asia with its low-sulfur crudes and fuel oil. The 1-million-barrel cargo of oil of Liza crude departed in early January from the Liza Destiny, a floating production storage and offloading (FPSO) facility off Guyana’s coast, to the ports of Aratu and Madre de Deus, in the state of Bahia in Brazil, according to tracking data from the Refinitiv Eikon Tanker.
Source: Reuters (*Translated by Ia Niani)