US crude exports continue to tap new markets boosted by the start up of additional pipeline capacity linking the key Permian shale basin with the Gulf coast. September exports of 3.09mn b/d were second only to June's 3.16mn b/d all time high. Some 52% of US seaborne exports for the first nine months of 2019 have headed long-haul to Asia (see data, p22). South Korea with 372,000 b/d has usurped China as the top destination. But for September Japan was number one with a record 518,000 b/d....
US Exports: New Records
Published on Fri, 08 Nov 2019 - Volume: 62 Issue: 45Print
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!