The Brent pipeline system is closed following a leak at the Cormorant Alpha platform which...

|By:, SA News Editor

The Brent pipeline system is closed following a leak at the Cormorant Alpha platform which houses the pump station for the system, leading to the closure of eight other platforms; 27 fields are affected. The system transports ~100K bbl/day of benchmark Brent crude (BNO -1.1%) from North Sea fields to the export terminal at Sullom Voe. Brent -1.4% to $110.29.