LONDON, Aug 19 (Reuters) - Angola released a complete
preliminary programme for October exports on Monday, with
traders expecting rising demand on favourable margins and
looming new rules governing cleaner marine fuels.
ANGOLA
* Angola is set to export 42 cargoes in October, down from
44 initially planned for September as traders received updated
preliminary programmes.
* Glencore (LON:GLEN) was heard to have sold its cargo of Dalia -- one
of the last to remain for export in September -- to a Chinese
independent refinery for around a premium of $2 compared to
dated Brent.
* Four cargoes of the grade considered ideal for refining
into shipping fuels compliant with new rules set to be
implemented on Jan. 1, will be exported in October, a relatively
small number.
* Traders said offerings for Dalia would likely begin around
$2.30 - $2.50 above dated Brent, as demand for it and other
heavy sweet grades mounts.
NIGERIA
* Around 25 cargoes of Nigerian crude remain for September
loading.
* European gasoline refining margins fell sharply on Monday
to $9.3 a barrel, their lowest since late June, likely providing
another drag on demand for Nigerian crude.
* Nigerian state oil company NNPC said on Sunday that 15
companies had won the right to swap the nation's crude oil for
fuels following a tender for the deals, dubbed Direct Sale
Direct Purchase (DSDP). NEWS
* Oil production at Libya's Sharara oilfield, the OPEC
member's largest, has reached around 295,000 barrels per day,
near levels before it closed briefly last month, a source said
on Monday.
* China National Petroleum Corp, a leading buyer of
Venezuelan oil, has halted August loadings following the latest
set of U.S. sanctions on the South American exporter, two
Beijing-based senior sources said.