West Africa Loading Program Emerge

West Africa Loading Program Emerge

US Chevron has booked the Besiktas Bosphorus tanker to take West African crude to Israel loading early April, according to Reuters shipping data. A trader said that the tanker would load at the Djeno port in the Republic of Congo and discharge in Ashkelon.

The Djeno terminal can load either the light sweet Nkossa or heavy sweet Djeno grades. Israel rarely takes West African grades, although it took at least one cargo of Nkossa in 2016.

Furthermore, Compañía Española de Petróleos (Cepsa) bought a cargo of Nigeria’s Qua Iboe from ExxonMobil loading mid-April, traders said. The cargo was offered at dated Brent plus $1.10 a barrel, but the deal level did not emerge. Around 20 cargoes from the April program were still said to be available, Hellenic Shipping News informed.

Angola’s May program emerged with 54 cargoes, or 1.67mb/d, versus 53 cargoes in April. Less than 10 cargoes remain available from the April program, including the Dalia, Cabinda, CLOV, Saxi, Kissanje and Mondo grades.


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