W. Africa Crude-Spot offers remain high

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 7 (Reuters) - Spot offers for Nigerian crude remained high on Tuesday while traders awaited several tender results.

* Angola's state oil company Sonangol was offering April loading Cabinda at dated Brent plus $2.50 and Dalia at dated Brent flat, one trader said.
* Pertamina issued a buy tender closing this week for May arrival cargoes.


* Perenco has several sell tenders closing this week for Mandji, Rabi and Doba cargoes loading in April.
* About 15-20 April-loading Nigerian cargoes were still available.


* Total was offering Nigerian Forcados at dated Brent plus $3.85 and Angolan Pazflor at dated Brent flat.


* BP was offering Forcados at dated Brent plus $4.15 and Escravos at dated Brent plus $4.40 a barrel.
* Equinor was offering Pazflor at dated Brent plus 15 cents and Saturno at dated Brent minus $1.95 a barrel.



RELATED NEWS
* NNPC Ltd, which recently took over the assets of Nigeria's state oil company, expects to decide on where it plans to list shortly, and an initial public offering of the company could come in 2024, its chief financial officer said on Tuesday.
(Reporting by Julia Payne Editing by David Goodman and Sandra Maler)


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