LONDON, Sept 11 (Reuters) - Angola's state oil company
Sonangol sold one of its last October-loading cargoes although
there is still ample supply, traders said on Friday, while a
large unsold volume was weighing on the Nigerian market.
ANGOLA
* Around 10 cargoes were left from the October loading
programme. This is a fairly sizeable volume for this point in
the trading cycle, with November schedules expected next week.
* State oil company Sonangol sold to Shell its Oct. 31-Nov.
1 Cabinda cargo on Thursday, traders said, leaving Sonangol with
just an Oct. 16-17 Dalia cargo to sell. The Dalia was on offer
at dated Brent plus 20 cents on Friday.
Cabinda was being offered at dated Brent plus 40 cents on
Wednesday, although the deal level was not known. The Dalia
offer is 10 cents down from Wednesday's asking price.
NIGERIA
* At least around 40 cargoes of Nigerian crude remain for
export for September and October, weighing on the market.
* Bonny Light and Qua Iboe were being offered at about dated
Brent parity, a trader said, and likely to be sold at a
discount.