South Sudan: China Oil displaces Unipec in Dar Blend marketing
Issue 374 - 27 Jul 2018
China Oil has displaced Unipec as the dominant marketer of South Sudan’s Dar Blend crude, lifting cargoes in all but two months of 2018. China Oil has been contracted to lift 9.2m bbls of crude so far this year, almost a third of the country’s 29.6m-bbl production, and 43% of volumes net of crude diversions to Sudan. The firm’s contracted shipments so far this year have more than doubled to an average 1.15m bbls/month from 483,000 b/d in 2017.
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