W. Africa Crude-Angolan programme emerges

Published 16/01/2020, 17:40
© Reuters.  W. Africa Crude-Angolan programme emerges

LONDON, Jan 16 (Reuters) - Spot trade was subdued on

Thursday as traders awaited allocations following the release of

the latest Angolan loading programme.

* Angola's state firm Sonangol issued its preliminary March

programme with 45 cargoes, up from 41 cargoes in February.

O/LOAD

* Around five Angolan cargoes remained from the February

programme and one or two from January being offered on a

delivered basis.

* Three or four Congolese Djeno were still available.

* India's IOC closed two tenders this week but results did

not immediately emerge. One is for cargoes loading from the end

of February to March 3. The other is for loading over March

11-20.

RELATED NEWS

* Eni and Total won operator rights to blocks 28 and 29

respectively in the offshore Namibe basin, while Angola's state

oil company Sonangol and majors Equinor and BP won smaller

stakes, regulator ANPG said in a statement. * Nigeria is currently producing 1.774 million barrels of

crude oil per day, its oil minister Timipre Sylva said on

Thursday, above an estimate given by state oil firm NNPC in

November of 1.6 million-1.7 million bpd.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.