LONDON, Nov 29 (Reuters) - Angolan state oil company
Sonangol was offering its last spot cargo for sale in January as
Nigerian light sweet crude sales to the far East picked up.
ANGOLA
* Sonangol's cargo of heavy, sweet Dalia crude oil continued
to be offered at a premium of $3.50 compared to dated Brent, as
asking prices continued to be high early in the trading cycle.
* An outage at the Girassol crude stream helped sap Angola's
November export volumes by 140,000 barrels per day compared to
the previous month, according to a Reuters survey. * Despite U.S. sanctions on a major Chinese shipping fleet
which sent freight rates soaring for November-loading cargoes,
volumes on the long journey to China roughly matched previous
months, aided by steep discounts.
NIGERIA
* Nigerian light, sweet crudes continued to enjoy a rally
and even enjoyed rare interest in China.
* Five cargoes of Nigerian crude departed in China in
November compared with a usual two or three, as traders viewed
it as an alternative for more expensive heavy oil from elsewhere
in Africa and nearer by in Australia.
TENDERS
* Indonesia's Pertamina issued a buy tender for Feb. 8-12
and Feb. 13-22 delivery. The tender closes on Dec. 2 and remains
valid until Dec. 4.
RELATED NEWS
* Puma Energy, an arm of commodities trader Trafigura, is
trying to find a buyer for its fuel stations in Australia by the
end of the year and would likely accept a hefty discount to what
it originally paid, sources said. * The Nigerian government on Thursday placed a bank
guarantee of $200 million with a high court in London to secure
a stay on asset seizures of up to $9 billion related to a failed
gas project.