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

SLB Secures Aramco Well Construction Work for 450 Wells

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

ONGC Strikes Gas in Deepwater Well off India

PTTEP, Valeura Greenlight Bussabong Gas Development off Thailand

Hormuz Ship Traffic Slumps as Middle East Conflict Drags On

Oil Goes Down 2% as Saudi Supply Concerns Recede

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

Current News

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Arabian Drilling Inks $533M Deal for Four Jack-Up Drilling Rigs

Qatar-Linked LNG Tankers Resume Hormuz Transits

Finder Energy Clears Environmental Hurdle for Timor-Leste Oil Project

TotalEnergies, SOCAR, XRG Greenlight Absheron Field Expansion in Caspian Sea

SLB Secures Aramco Well Construction Work for 450 Wells

Inpex Takes Additional Stake in Ichthys LNG

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Eni Confirms Sapukala Deepwater Block Award in Indonesia

Fugro Adds More Survey Work off Timor-Leste

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