Kuwait restarts oil exports after storm disruption
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Sinjon [2011-05-20]
KUWAIT - Kuwait resumed oil exports on Sunday after a halt caused by adverse weather conditions, which also affected Iran, a spokesman of a Kuwaiti state oil company said on Sunday.
Top oil exporter Saudi Arabia had no interruptions in its crude flow to international markets, a spokesman for state oil company Saudi Aramco said.
"We resumed exports this afternoon," Ahmad al-Muzaiel of the Kuwait National Petroleum Co told Reuters by telephone.
Kuwait, the world's seventh-largest oil exporter, suspended its more than 2 million barrels per day (bpd) of oil shipments early on Sunday, Muzaeil said earlier.
Bad weather extended through the northern Gulf and exports from Iran's main crude oil terminal Kharg Island have been intermittent since last Wednesday due to high winds.
The terminal was shut early on Sunday, one shipper said. It was also shut on Wednesday and Thursday of last week, two shipping sources said.
"The (Kharg Island) terminal is closed today, the winds have been very strong ... they have had to close a few times in the past few days," a Tehran-based shipping source said.
Iranian officials were unavailable for comment on Sunday.
The OPEC-member ships about 2.4 million bpd of crude, mostly from Kharg Island.
Oil exports from Saudi Arabia's Ras Tanura -- the world's largest offshore oil facility -- continued as normal, despite bad weather, port sources there said.
Ras Tanura has the capacity to load between 5.5 million and 6 million bpd of oil.
Loading at the United Arab Emirates' port of Jebel Dhanna was also unaffected despite windy conditions, shipping sources said. Iraq and Qatar's crude exports were normal despite poor visibility, shipping sources said.
Iraqi exports reached a rate of 1.56 million bpd on Sunday.
OIL PRODUCTS
Shippers said oil exports from Aramco's joint-venture refinery with Shell at the Gulf port of Jubail were disrupted due to bad weather.
Shippers said berthing at the berth outside the breakwater has been halted with two ships in anchorage waiting to load.
The joint-venture Sasref refinery has two berths for oil product exports, one located inside the port breakwater and the other outside it, shippers said.
About 60,000 tonnes of product, mainly fuel oil, naphtha, gas oil and jet fuel is exported from the terminal daily, a shipper said.
Fuel oil exports at Iran's Bandar Mahshahr were also shut, an oil trader said. The terminal exports straight-run fuel oil from Iran's largest refinery, the 450,000 bpd Abadan plant.
Poor visibility conditions at the United Arab Emirates' Jebel Ali port were slowing down tanker berthing.