New wells at the Gumusut-Kakap project are expected to add 25,000 barrels per day

Kimani is among the most expensive light sweet crudes in the world

Australian end users are hoping for a relaxation of spot premiums

Malaysian Kimanis crude is poised to cement its position as one of East Asia’s most liquid sweet crudes available on the regional spot market after Malaysian state-owned oil and gas company Petronas announced successful production at the Gumusut-Kakap Phase 3 deep sea…

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