Hellenic Shipping News was able to learn that Angola is set to export only 55 cargoes, or around 1.77 million b/d of crude oil in November.
This is down from the original 1.83 million b/d planned in October, in part because of declining Asian demand.
Previously the Angolan state oil company Sonangol had extended the deadline for submitting proposals for oil exploration of 10 onshore blocks to 1 October, reported the Macauhub.
The auction is for onshore basins of the Kwanza (seven) and Congo (three) rivers believed, by Sonangol, to contain at least 7 billion barrels.
So far 37 companies have pre-qualified for bidding, including Sonangol Sinopec International, ENI, Chevron, Colombia’s Ecopetrol and Portugal’s Galp Energia. 48 companies have pre-qualified for the tender for non-operators.
Angola is Africa’s second largest oil producer.