Since the peak in 1999, crude exports from the North Sea (UKC) have fallen by an average 6% per annum to 2.07m bpd in 2012. This reflects the declining extraction potential of the region. However, for just over a year, tonne-miles generated by UKC crude exports have surged, despite production continuing to decline.They Came From the East…
Since the peak in 1999, crude exports from the North Sea (UKC) have fallen by an average 6% per annum to 2.07m bpd in 2012. This reflects the declining extraction potential of the region. However, for just over a year, tonne-miles generated by UKC crude exports have surged, despite production continuing to decline.They Came From the East…
