Malaysia’s Kimanis oil exports hit by issue at Shell field

October 2, 2021

Dateline 2021-09-16, Reuters:

Exports of Malaysia’s flagship crude oil Kimanis will fall in October and November after a production issue at an offshore oilfield operated by Royal Dutch Shell (RDSa.L), three sources with knowledge of the matter said.

Petroleum Brunei, one of the stakeholders, cancelled a tender to sell a Kimanis crude cargo that was supposed to load in early November because of the problem, one of the sources said.

Malaysia’s Kimanis crude exports to halve in April due to maintenance

April 10, 2020

Dateline 2020-02-19, Reuters:

New repair works scheduled by Royal Dutch Shell in its oilfields in Malaysia are likely to halve exports of Kimanis crude cargoes in April and squeeze supplies in Asia, two sources said on Wednesday.

Kimanis is Malaysia’s largest export grade and it is produced from the deepwater fields of Gumusut-Kakap and Malikai offshore Sabah, which are operated by Shell.

Maintenance at Malikai were planned for April, but the operator recently scheduled repair works at Gumusut-Kakap during the same period, one of the sources said.

Malaysia’s Sabah-Sarawak gas pipeline shut for repairs: sources

June 21, 2019

Dateline 2019-05-14, Business Times:

[SINGAPORE] Malaysia’s state oil and gas company Petroliam Nasional Bhd has temporarily shut the Sabah-Sarawak pipeline that feeds gas to its liquefied natural gas (LNG) complex at Bintulu in the state of Sarawak, two industry sources said on Tuesday.

The 500-kilometre pipeline that transports gas from Kimanis in Sabah state to the LNG plant in Sarawak was shut from the start of May for repairs that will take about two months, one of the sources with knowledge of the matter said.

This has slowed production at the Bintulu plant, and potentially will curb spot LNG exports from Malaysia, a second source told Reuters.


Malikai Oil Field Startup To Boost Malaysia’s Kimanis Exports

January 20, 2017

Dateline 2016-12-13, Reuters:

Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25% from January, two sources with knowledge of the matter said on Dec. 13.

Operated by Royal Dutch Shell, the Malikai Field off the East Malaysian state of Sabah could boost exports of Kimanis to 193,000 barrels per day (bbl/d) in February, or nine 600,000-barrel cargoes, they said, meeting crude demand from Australia and India.

The sources spoke on the condition of anonymity as they were not authorized to speak to media. Shell and its partner, Malaysia’s state-owned energy company Petronas, declined to comment.

The new production will come after Malaysia joined producers from outside of the Organization of Petroleum Exporting Countries (OPEC) to cut output along with its OPEC counterparts. News of the agreement boosted global oil prices by more than 6% to 18-month highs on Dec. 12.


Malaysia to start producing oil at new offshore field by end-Dec

January 14, 2017

Dateline 2016-12-13, Reuters:

Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25 percent from January, two sources with knowledge of the matter said on Tuesday.

Operated by Royal Dutch Shell, the Malikai field off the East Malaysian state of Sabah could boost exports of Kimanis to 193,000 barrels per day in February, they said, meeting demand from Australia and India.

Shell and its partner Petronas declined to comment.

Petronas to add Kimanis crude to Malaysian crude oil basket from January 2017

December 16, 2016

Dateline 2016-11-09, Reuters:

Malaysian state oil firm Petronas will add its Kimanis crude into the current crude oil basket from January, changing the way it sets its monthly crude official selling prices (OSP), according to a document sent to customers and seen by Reuters.

Petronas will add the Kimanis crude grade to the basket that is currently made up of its three flagship grades Labuan, Kikeh and Miri Light crude.

The oil firm will continue to price its crude against dated Brent and will publish monthly OSPs by adding an alpha to the monthly average of Platts dated Brent.



Petronas to conduct tests on gas pipeline

April 7, 2016

Dateline 2016-02-20, Borneo Post:

Petronas is conducting a series of tests on the Sabah-Sarawak Gas Pipeline (SSGP) from February 15 to July 3 as part of its continuous efforts to ensure the integrity and safety of SSGP that runs from Kimanis, Sabah to Bintulu, Sarawak.

In a statement yesterday, the company advised the public not to be alarmed by the occasional hissing sounds, increased number of vehicles and workers along the pipeline and flaring at the Sabah Oil and Gas Terminal (SOGT) in Kimanis.

It will continue to engage the communities residing along the pipeline to update on the progress and measures undertaken throughout the duration of the tests.

Petronas is committed to the highest levels of international HSE standards to ensure the safety of the communities and environment in all areas of its operations, the statement added.


Platts to start assessing price of Malaysia’s Kimanis oil from Feb

February 5, 2016

Dateline 2015-12-31, The Star:

Oil pricing agency Platts will publish daily price assessments for Malaysia’s Kimanis crude starting from Feb. 9.

The grade has “emerged in recent months as one of the most widely traded light, sweet grades in the Asia Pacific spot market,” Platts said in a note on its website released late on Wednesday.

The price assessments for Kimanis cargoes for lifting on a free-on-board basis from Sabah will be published as an outright number at the close of Asia and London markets and as a differential to Dated Brent at Asia’s close, the agency said.

The crude, with an API gravity of 38.61 degrees and a sulphur content of 0.06 percent, is produced at the Gumusut-Kakap oil project off East Malaysia’s state of Sabah.


Gas pipeline may be entry point for illegals

May 17, 2015

Oi, it’s my idea to stuff things into transborder pipelines to allow for, ahem, liberalised, GST-free trade:

Dateline 2015-04-10, Bornoe Post:

The Sabah Sarawak gas pipeline route could be another way illegal immigrants are entering Sarawak from Sabah via Miri, said state Immigration director Datu Robert Lian.

The pipeline links Kimanis, Beaufort and Sipitang, Sabah to Lawas, Baram and Bintulu. Robert said he would get villagers in the area to report the movements of those who are not locals near their kampungs or longhouses.

He said Miri Airport could also be another entry point as rural air service flights from Lawas are not subject to immigration checks.

“Our Immigration officers stationed at Miri Airport are now beefing up checks on passengers from Lawas to Miri and Miri back to Lawas at Miri Airport to ensure that there are no loopholes for illegals to come to Miri,” he told a press conference on Wednesday.

Malaysian light sweet crude differentials hit fresh 2-year low

January 16, 2015

Dateline 2014-11-04, Hellenic Shipping News:

Premiums paid for Malaysia’s benchmark light sweet crudes extended their decline to a fresh two-year low Monday as fragile petroleum refining margins and competition from non-regional grades dented end-user demand, while the influx of new Kimanis crude added to concerns over recent oversupply conditions, traders said.

Malaysia’s Labuan crude was assessed at a $4.70/barrel premium to Dated Brent on Monday, its lowest level since touching a premium of $4.49/b on August 21, 2012, while the premium for Tapis crude to Dated Brent fell to $2.30/b on Monday, its lowest level since August 15, 2012, when the crude was assessed at Dated Brent plus $2.30/b.

Kikeh was last assessed at a premium of $4.40/b on Monday, its lowest point since $3.92/b on August 13, 2012.