W. Africa Crude-Bonga April loading dates slow to emerge

Published 27/02/2020, 18:43
© Reuters. W. Africa Crude-Bonga April loading dates slow to emerge

LONDON, Feb 27 (Reuters) - A few Bonga loading dates

trickled out on Thursday, but the full programme remained

elusive while some Angolan crude traded.

* Angola's state oil company Sonangol sold a cargo of Sangos

that it had been offering at dated Brent plus 40 cents. Buyer

details did not emerge immediately.

* Sonangol was still offering Dalia at dated Brent plus

$1.05, Cabinda at plus $3.50 and Girassol at plus $3.

* BP was said to have sold a cargo of Escravos to Eni for

loading April 4-5.

* Nigeria's NNPC is due to load two cargoes of Bonga over

April 1-2 and April 11-12 but the full April schedule has yet to

surface.

* Indonesia's Pertamina bought a cargo of Bonny Light in its

latest tender for early May delivery, though no further details

emerged.

RELATED NEWS

* Latin American and sub-Saharan African countries have

taken out at least $152 billion in oil, mineral and metal-backed

loans from China since 2004, easy money that has contributed to

crippling debt levels, an NGO report said on Thursday.

* Hontop Energy (Singapore) Pte Ltd, the trading arm of a

Shandong-based refiner, has gone into receivership, according to

its business profile on the website of Singapore's accounting

and corporate regulator.

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