Dateline 2012-02-20:
Malaysia’s national oil firm, Petronas, will offer next month its first cargo of Sepat sweet crude to load in May as it starts production from marginal oilfields to reverse declining output, industry sources said today.
The producer plans to offer 250,000 barrels of the crude every month, they said.
The Sepat field, offshore East Malaysia, came on stream late last year and production has peaked at 8,800 barrels per day, a source said.
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