Canada's Suncor leasing Aframax vessels, selling Trans Mountain crude direct

- Canada's Suncor Energy is leasing Aframax vessels in the Pacific and selling direct to customers, seeking to maximise profits on oil being shipped on the newly completed Trans Mountain pipeline expansion , the company said on Wednesday.

The company expects most crude will be sold in California, as well as markets in Asia, Dave Oldreive, Suncor's executive vice president of downstream said on a first quarter earnings call. "We've leased Aframax vessels that were operating in the Pacific, this gives us an advantage on shipping costs."

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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