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N Sea Brent/Ninian Blend crude oil sees mass deferrals on production problem: trade

UK North Sea grade Brent/Ninian Blend has seen mass push-backs of cargoloading dates due to a production problem, traders said Thursday.

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Shell equity cargo B0706, already deferred out of July to August 1-3, washeard moved to August 4-6 Thursday.

Total equity B0801 was deferred to Aug 8-10, Shell equity B0802 was movedto August 12-14, Total equity B0803 was moved to August 16-18, and Totalequity B0806 was moved back to August 26-28, said traders.

"Even an end-July cargo cannot load before the end of July, so I guess aloss of production," said one trader.

Each cargo is 600,000 barrels.

It was not immediately clear which part of the Brent system had causedthe disruption. Spokesmen for Shell and Taqa were not aware of any problems.

Brent/Ninian Blend is one of the four North Sea crude grades that go intothe Dated Brent benchmark.

--Ned Molloy, ned.molloy@platts.com

--Edited by Jeremy Lovell, jeremy.lovell@platts.com

Similar stories appear in Crude Oil Marketwire See more information at http://www.platts.com/Products/crudeoilmarketwire