PNG output to resume next week

People sit on a sculpture made of oil barrels as they wait for the train in Oil Institute subway station in Mexico City, Aug. 5, 2008.  Mexico City's subway is one of the largest in the world and transported about 1.4 billion passengers in 2007, according to local subway authorities. (AP Photo/Denisse Pohls)

Piling up: Oil Search had been forced to reduce production due to a lack of storage capacity while the Kumul marine terminal has been suspended

Papua New Guinea's oil production of just over 30,000 barrels per day should resume next week following a suspension of oil loading in late July.

Oil Search, the operator of PNG's four producing oilfields, said today it had done a comprehensive test of the Kumul offshore loading system in the Gulf of Papua and, to date, has found no source of any leak in the oil export system.

The suspension in late July came about due to the intermittent appearance of very small quantities of oil droplets in the water at the platform.

More tests will be done over the coming days, and if the results are good Oil Search said it expects to return to normal…

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