February 8, 2018 / 8:29 AM / 6 months ago

North Sea Forties crude oil pipeline restarts - spokesman

LONDON, Feb 8 (Reuters) - Oil and natural gas have begun flowing again from the Forties pipeline in the North Sea, following a brief outage the previous day, a spokesman for operator INEOS said on Thursday.

“The pipeline is back up and running,” the spokesman said.

The Forties pipeline, which carries around a quarter of all North Sea crude oil output and roughly a third of Britain’s total offshore natural gas production, shut down on Wednesday for the second time in two months, after a feed control valve closed at its Kinneil facility in Scotland.

The pipeline, which Swiss-based INEOS bought in late October for $250 million from BP, carries around 450,000 barrels per day of Forties crude oil.

Reporting by Amanda Cooper; Editing by Edmund Blair

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