LONDON, Feb 26 (Reuters) - Angolan crude was being offfered
at lower differentials on Friday amid sluggish demand, while
Nigeria issued its official selling prices for March-loading
cargoes.
ANGOLA
* China's Unipec was allocated 10 April-loading cargoes
under term deals and has been re-offering at least six amid
sluggish demand at home.
* Unipec on Friday was offering Dalia at dated Brent plus
$1.00, Gingundo at dated Brent plus 40 cents and Mondo at plus
20 cents. All of these were lower than levels reported on
Thursday.
* Unipec was not offering Plutonio on Friday but was
believed to have not sold the cargo, and was also offering a
Girassol at dated Brent plus $1.55.
* As of late Thursday, no spot cargoes of April-loading
Angolan had sold, a trader said, reflecting limited demand as
the market structure encourages draws on storage nearby rather
than far-flung imports.
* March-loading cargoes of Congolese Djeno had probably not
sold out yet amid slow Chinese buying. The April loading
programme for the grade emerged this week.
NIGERIA
* State oil company NNPC issued its March official selling
prices on Friday and kept the prices of Bonny Light and Qua Iboe
crude unchanged at dated Brent plus 1 cent and minus 8 cents a
barrel, respectively. * Indian Oil Corp. awarded a buy tender to Total and Shell,
trade sources expected they would supply Nigerian grades
although details did not immediately emerge.