W. Africa Crude Traders Await Sept Programs

Monday, July 15, 2019

Some August-loading Angolan cargoes cleared but trading was slow on Monday as new programs were expected to emerge this week.

The preliminary Angolan loading program for September is expected to emerge on Tuesday. New Nigerian programs are expected at the end of the week.

BP's August-loading cargo of Girassol, two August-loading cargoes of Mostarda were sold to India's Reliance, China's Unipec and an independent Chinese refiner, a trader said. The Mostardas were sold at less than dated Brent minus $1.00 a barrel.

A cargo of Gindungo was being offered at dated Brent plus 35 cents a barrel.

Separately, Phillips 66 was preparing to begin a restart on Monday of its southeast Louisiana refinery, which was shut because of the threat of Tropical Storm Barry, the company said.

Reporting By Julia Payne

Categories: Tankers

Related Stories

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Santos and QatarEnergy Agree Mid-Term LNG Supply

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com