Tag Archives: Angola exports

Angola Exports – November 2016

  • Angolan crude exports are set to rise to around 1.57 million barrels per day (bpd) in November, a preliminary programme showed on Monday, up from a smallest schedule in 10 years in October.
  • Angola’s offshore Plutonio oilfield resumed production over the weekend after being shut down for about 10 days for maintenance, industry sources said on Monday.
  • Full story from Reuters here. 
Send to Kindle

Angola Exports – October 2016 – Update

Update from 19 October: 

A fourth Plutonio cargo had been added to the October programme, according to a source quoted by Reuters.

Full story here.

Original story from 16 August:

  • ANGOLAN OCT OIL EXPORTS SET FOR 10-YEAR LOW ON DALIA WORKS
  • Angola’s crude oil exports are set to fall by 366,000 barrels per day (bpd) in October to 1.43 million bpd as a key grade enters maintenance, according to a provisional loading programme issued on Tuesday.The programme’s 46 cargoes mark a 10-year low in bpd terms, according to Reuters data, with the figure at its lowest since October 2006.Exports in September were planned at just under 1.8 million bpd on 56 cargoes.

    The main reason for the drop is an absence of Dalia crude oil, which in contrast was scheduled to export roughly 222,000 bpd in September. Traders have said this is due to maintenance that will cut exports from the Dalia stream

    Other programmes, including Girassol, Nemba, Plutonio, Saturno, Sangos were one cargo shorter than their September plans, and there was also no Palanca in the October programme, compared with one cargo in September.

    The longer month in October also pulled the bpd figure lower.

  • Full story from Reuters here.
Send to Kindle

Angola Exports – October 2016

  • ANGOLAN OCT OIL EXPORTS SET FOR 10-YEAR LOW ON DALIA WORKS
  • Angola’s crude oil exports are set to fall by 366,000 barrels per day (bpd) in October to 1.43 million bpd as a key grade enters maintenance, according to a provisional loading programme issued on Tuesday.The programme’s 46 cargoes mark a 10-year low in bpd terms, according to Reuters data, with the figure at its lowest since October 2006.

    Exports in September were planned at just under 1.8 million bpd on 56 cargoes.

    The main reason for the drop is an absence of Dalia crude oil, which in contrast was scheduled to export roughly 222,000 bpd in September. Traders have said this is due to maintenance that will cut exports from the Dalia stream

    Other programmes, including Girassol, Nemba, Plutonio, Saturno, Sangos were one cargo shorter than their September plans, and there was also no Palanca in the October programme, compared with one cargo in September.

    The longer month in October also pulled the bpd figure lower.

  • Full story from Reuters here.
Send to Kindle

Angola – January 2016 – Exports

  • The initial January programme included 47 cargoes, down nearly 20 percent from December, but additional cargoes are expected.
  • Sonangol began marketing the January cargoes, even as term liftings had yet to be finalised and as many as eight December cargoes were still seeking buyers.
  • The programme of 1.46 million barrels per day (bpd), the lowest since 2011, is also expected to grow with the addition of Plutonio cargoes. Thus far, there are no cargoes of Plutonio on the schedule, compared with four in December, and there were no known maintenances impacting the stream.
  • Full story from Reuters here. 
Send to Kindle

Angola Exports – December 2015

Angola will export around 1.80 mbpd, of crude oil in December, up from 1.77 mbpd planned in November, a provisional loading schedule showed on Tuesday.

Oil majors including Exxon, Total and Chevron and state oil company Sonangol will export the oil on 58 cargoes, up from the 55 cargoes that were set to move in November, the schedule showed.

Higher output, combined with strong supply from competing grades of crude oil, high storage and sluggish demand growth have put pressure on differentials of Angolan crude oil.

There was a handful of cargoes still available for November export, with oil from the country selling at a slower pace than in earlier months.

The export programme for Nigerian crude oil is expected to be known on Wednesday and Thursday.

Grade Number of Cargoes Volume (in bpd)
Cabinda 5 153,000
CLOV 5 161,000
Dalia 7 215,000
Girassol 5 161,000
Hungo 3 92,000
Kissanje 5 153,000
Mondo 1 31,000
Nemba 7 215,000
Palanca 1 32,000
Pazflor 4 123,000
Plutonio 4 129,000
Sangos 3 63,000
Saturno 6 184,000
Saxi 1 31,000
Gimboa 1 32,000
TOTAL 58 1,803,000
Send to Kindle

Angola Exports – November 2015

Angola is set to export 55 cargoes, or around 1.77 million barrels per day (bpd) of crude oil in November, down from 1.83 million bpd planned in October, a provisional loading schedule showed.

Angola, Africa’s second-largest oil exporter, had to lower differentials on its cargoes for October export due to reduced demand from Asian customers but slightly lower supply in November may help prevent too much further weakness.

Crude grade Cargoes Barrels per day*

Cabinda 5 158,000

CLOV 5 167,000

Dalia 7 222,000

Girassol 6 200,000

Hungo 3 95,000

Kissanje 4 127,000

Mondo 2 63,000

Nemba 6 190,000

Palanca 0 0

Pazflor 5 158,000

Plutonio 4 133,000

Sangos 2 63,000

Saturno 5 158,000

Saxi 1 32,000

TOTAL 55 1,766,000

Full story from Reuters here.

Send to Kindle

Angola Exports – January 2015

  • Angola oil exports rise to 1.86 mbpd in January from 1.77 mbpd in December
  • The programme is showing the highest exports since August 2012.
  • Volumes will include a new grade, Sangos, which will come from Eni’s West Hub project.

Angolas Loading Programmes_Jan_2012-Jan_2015

Jan 2015 Angola’s Export Loading Programme by Grade
Grade Number of Cargoes Volume (in bpd)
Cabinda 6 184,000
Girassol 4 129,000
Nemba 7 215,000
Saturno 6 184,000
Dalia 7 215,000
Hungo 5 153,000
Mondo 1 31,000
Kissanje 4 123,000
Saxi 2 61,000
Pazflor 6 183,000
Plutonio 5 161,000
CLOV 5 161,000
Sangos 2 61,000
TOTAL 60 1,861,000

Source: Reuters

 

Send to Kindle