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First Cargo From Chinguetti Field, Offshore Mauritania

Source: www.gulfoilandgas.com 4/4/2006, Location: Africa

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Hardman Resources Ltd announced a significant milestone for its offshore Mauritania projects, with the completion of loading of the first cargo of Hardmanís share of production from the Chinguetti field. The Suezmax tanker M/T Gandhar completed loading of just under 1 million barrels of Chinguetti crude oil (API approximately 28 degrees) on Tuesday 4 April 2006, for the pooled marketing group comprising Hardman (29.7% share), the Mauritanian Government entitlements and other co-venturers.

The cargo has been sold under the term sales contract to Vitol S.A. recently announced, at a price which is related to prevailing dated Brent prices. This represents the second cargo lifted from the field since first oil on 25 February 2006.

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Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


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