LONDON, April 27 (Reuters) - Market participants awaited
concrete plans on Nigerian crude oil output for May and June as
the state oil company was in discussions with local companies
and international majors on how to rein in supply amid a
production cut pact and poor sales.
* Trading sources said Nigeria's NNPC was communicating with
international firms on how to reduce output to align with an
unprecedented producer cut pact. * May official selling prices and June export programmes
were delayed pending a resolution to the issue, and traders
offered contending accounts of how advanced discussions were.
* A possible crux to the talks revolved around whether
producers in Nigeria would comport to an across-the-board cut or
more of a burden would be saddled by offshore fields, in which
the NNPC is not as exposed.
* A source from at least one energy major expressed
confidence that its offshore output would remain steady, but
traders awaited a downward revision of May and June volumes.
* Angola's export programme for June had yet to be finalised
but was expected to be revised down slightly from a planned 42
cargoes, possibly to comport to the producer cut deal.
* Slight changes in the form of loading delays appeared for
the May export schedule.
* Thirty workers at an offshore oil platform in Equatorial
Guinea have tested positive for the new coronavirus, sources
said, but production was not impacted.