W. Africa Crude-Some Nigerian offers trimmed

Published 06/09/2019, 16:36
Updated 06/09/2019, 16:40
© Reuters.  W. Africa Crude-Some Nigerian offers trimmed
LCO
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(Adds that Sonangol sold Dalia cargo)

LONDON, Sept 6 (Reuters) - Nigerian Bonny Light and Qua Iboe

crude were being offered at lower premiums on Friday, while

Angolan cargoes continued to find buyers.

NIGERIA

* Bonny Light and Qua Iboe were offered at dated Brent plus

$2.75, a trader said, lower than a premium of $3.00 heard of on

Thursday.

* High volumes for October loading at the North Sea's new

Johann Sverdrup field had caused some traders to question high

asking prices for Nigerian grades.

ANGOLA

* Around 12-13 cargoes of Angolan oil remained available for

export in October, down from an estimate of 13 on Thursday.

* There was no immediate evidence of lower offers. A cargo

of Mostarda was still being indicated at dated Brent plus $1.30

and a Mondo shipment at dated Brent plus $2.45, a trader said.

TENDERS

* Indonesia's Pertamina issued a buy tender for light crude

cargoes, including West Africa, for Nov. 1-19 delivery. It

closed on Friday and remains valid until Sept. 10.

* Indonesia's Pertamina issued a second buy tender for

condensate cargoes for Dec. 1-5 delivery cargoes. It closed on

Friday and remains valid until Sept. 10.

* Both Uruguay's ANCAP and Astron Energy in South Africa

issued tenders for crude exporting in October, though details

were not immediately available.

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