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    TotalFinaElf building pipeline for N'kossa

    News // April 12, 2002
    Offshore Shipbrokers Ltd (OSL) reports that TotalFinaElf has started the construction of a crude oil export pipeline from its N'Kossa field, off theCongo coast, to the Djeno oil terminal.

    OSL says production has slipped to below 50,000 barrels per day from a peak rate of 120,000 bpd in less than five years and the oil major is looking to cut operational costs by removing one of the floating storage barges.

    The pipeline is expected to be operational in 2003.

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