Dated: August 8th, 2020
The offloading of Guyana’s 3rd million-barrel oil cargo from the Liza Destiny FPSO to Norwegian flag-carrier SKS SPEY concluded on Sunday, marking the final lift under the current contract the country has with Shell Western Supply and Trading Limited.
Brent was trading around $44 per barrel this weekend, up from the mid $30 range when Guyana lifted its second cargo back in May. Guyana is expected to have two more lifts of 1 million barrels each for the remainder of 2020.
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