W. Africa Crude-Angolan exports set to rise sharply

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 16 (Reuters) - Angolan export volumes are set to rise sharply compared to last month, preliminary export programmes seen by traders showed.
* Africa's number two oil exporter plans to load 36 crude cargoes compared to 29 last month, one of the highest volumes in months as ageing fields and underinvestment has hurt output.
* State oil company Sonangol was assigned three cargoes of Dalia crude.
* The stream is set to undergo a planned maintenance for about 35 days starting Feb. 20, its operator TotalEnergies said last month.
* Between four and seven cargoes of April-loading Angolan cargoes remain unsold, traders said, as Chinese buying as waned in the last two weeks.
* Uruguay's Ancap was running a buy tender for mid-April delivery due to close this week. (Reporting by Noah Browning; Editing by Hugh Lawson)


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