W. Africa Crude-Traders await tender results

Published 04/01/2021, 18:08
Updated 04/01/2021, 18:12
© Reuters.

LONDON, Jan 4 (Reuters) - Trading was muted on Monday after
a slow winter holiday period and as traders awaited the results
of several tenders.

* Exports of Nigeria's Qua Iboe stream are due to be lifted
imminently after repair works were largely completed by the end
of last month, ending force majeure imposed on the stream in
mid-December.
* Maintenance on Angola's Dalia stream is due to undergo
maintenance, with only Suezmax-sized vessels be able to load its
crude until the second quarter of 2021.
* Perenco is running sell tenders for cargoes of Congolese
Djeno for Feb. 6-7 and Feb. 28 to March 1 and a cargo of
Gabonese Mandji loading Feb. 27-28.
* The Djeno tender closes Jan. 7 and the Mandji tender
closes Jan. 6.
* Indonesia's Pertamina has closed tenders for four
medium-sized cargoes of crude for delivery beginning in February
and ending in April, but results had yet to emerge on Monday.

RELATED NEWS
* Most OPEC+ oil-producing countries oppose plans to
increase output from February as winter lockdowns to contain the
COVID-19 pandemic choke demand, four OPEC+ sources told Reuters
on Monday. * Iran's Revolutionary Guards Corps seized a South
Korean-flagged tanker in Gulf waters and detained its crew,
Iranian media said on Monday, amid tensions between Tehran and
Seoul over Iranian funds frozen in South Korean banks because of
U.S. sanctions.

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