May 20 (Reuters) - Unplanned oil supply outages have risen this month to the highest in at least five years because of wildfires in Canada and losses in Nigeria, Libya and Venezuela.
Following is a table of supply outages in May 2016, based on information from the U.S. Energy Information Administration and Reuters estimates.
The loss amounts to an estimated 3.93 million barrels per day - which would be the highest according to EIA data going back to 2011.
Country Supply loss in barrels per day Libya 1,400,000 Nigeria *700,000 Iraq 150,000 Kuwait 250,000 Saudi Arabia 250,000 Venezuela 178,000 Canada 1,000,000 TOTAL 3,928,000 * Approximation. Outages for Nigerian could be as much as around 900,000 barrels per day, but may be closer to 500,000 depending on length of pipeline outages.
Below is a table listing grades affected by pipeline disruption and militancy.
Grade Typical Problem Operator
monthly
production
level
(bpd) Merey, 1,300,000 Equipment PDVSA Syncrudes, malfunction at DCO oil port, lack of
domestic diluents Qua Iboe 320,000 Pipeline out due ExxonMobil
to accident Bonny 180,000 Nembe Creek Trunk Shell Light Line closed Forcados 250,000 Pipeline leak, Shell
closed, until
June Escravos 160,000 Militants atacked Chevron
platform
(Reporting by Simon Falush in London; additional reporting by Marianna Parraga in Houston) ((simon.falush@thomsonreuters.com; +442075427681; Reuters Messaging: simon.falush.reuters.com@reuters.net))
Following is a table of supply outages in May 2016, based on information from the U.S. Energy Information Administration and Reuters estimates.
The loss amounts to an estimated 3.93 million barrels per day - which would be the highest according to EIA data going back to 2011.
Country Supply loss in barrels per day Libya 1,400,000 Nigeria *700,000 Iraq 150,000 Kuwait 250,000 Saudi Arabia 250,000 Venezuela 178,000 Canada 1,000,000 TOTAL 3,928,000 * Approximation. Outages for Nigerian could be as much as around 900,000 barrels per day, but may be closer to 500,000 depending on length of pipeline outages.
Below is a table listing grades affected by pipeline disruption and militancy.
Grade Typical Problem Operator
monthly
production
level
(bpd) Merey, 1,300,000 Equipment PDVSA Syncrudes, malfunction at DCO oil port, lack of
domestic diluents Qua Iboe 320,000 Pipeline out due ExxonMobil
to accident Bonny 180,000 Nembe Creek Trunk Shell Light Line closed Forcados 250,000 Pipeline leak, Shell
closed, until
June Escravos 160,000 Militants atacked Chevron
platform
(Reporting by Simon Falush in London; additional reporting by Marianna Parraga in Houston) ((simon.falush@thomsonreuters.com; +442075427681; Reuters Messaging: simon.falush.reuters.com@reuters.net))
