Chinese state firm PetroChina announced this week that it has exported the first cargo of crude oil from Abu Dhabi’s offshore Belbazem block. Belbazem is operated by the Al Yasat JV of Adnoc (60%) and PetroChina’s parent company CNPC (40%).

PetroChina says that this first cargo was loaded onto the Captain X Kyriakou tanker on 26 May, and that it will be delivered to the firm’s 290,000 b/d Singapore Refinery. (CONTINUED - 306 WORDS)