W. Africa Crude-Angola revises export plan, other June programmes emerge

LONDON, April 22 (Reuters) – Angolan state oil company Sonangol added a cargo to its provisional export plan for June, while initial loading plans by other West African exporters also began to emerge.

* State oil company Sonangol added a cargo of Gimboa crude to its June programme, while traders said maintenance at the Gindungo stream likely meant none of its cargoes would be added.

* None of the June cargoes had yet sold, while a handful of May-loading crude still awaited buyers. Cabinda was last offered at around dated flat, Mostarda at minues $1.25 and Dalia at minus 50 cents.

* Exports of Nigerian Bonga were set to fall to just two cargoes in June, with one cargo of Forcados carried over from the May export plan.

* Three cargoes of Erha, two of Usan, one of Okono and one of Yoho as well as five cargoes of Agbami including one carried over from May and five of Escravos also including a May cargo.

* Ghana’s exports are set to edge up in June, with two cargoes each from Jubilee and TEN and one from the Sankofa stream.

* Gabon will load one cargo of Dussafu at 650,000 barrels and one of Oguendjo, Chad will export five cargoes of Doba and Equatorial Guinea will export two cargoes of Zafiro.

TENDERS

* Indonesia’s Pertamina closed buy tender for over 2 million barrels of June or July-arriving crude but the identity of any winners did not immediately emerge.

* Taiwan’s CPC and Thailand’s PTT also closed buy tenders for sweet crude for June and July-arriving crude.

RELATED NEWS

* Libya’s oil production fell to about 1 million barrels per day (bpd) in recent days and could drop further due to budgetary issues, the National Oil Corporation said on Thursday. Indian Oil Corp Ltd’s (NS:) refineries are operating at about 95% of their capacity, down from 100% at the same time last month, two sources familiar with the matter told Reuters.



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