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    Home » West Africa Crude – Bonny Light, Bonga schedules out, IOC issues new tenders

    West Africa Crude – Bonny Light, Bonga schedules out, IOC issues new tenders

    October 22, 2019
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    West Africa Crude - Bonny Light, Bonga schedules out, IOC issues new tenders
    *Crude oil supply vessel.
    London -- More Nigerian December loading programmes emerged on Tuesday while an Indian refiner issued two
    fresh tenders. 
        
    Angola's state oil firm Sonangol offered a cargo of Pazflor and Gimboa at dated Brent plus $2.00 each and a cargo of
    Mondo at dated Brent plus $1.20 a barrel for December loading.
    
    One or two Angolan cargoes remained from the November programme. 
    
    Nigeria's Bonny Light and Bonga programmes emerged. Bonny Light will load 9 cargoes and Bonga 3 in December.         
    
    India's IOC did not award last week's tender and has instead issued two new ones. IOC is seeking west African crude
    for Dec. 10-19 and Dec. 14-23 loading. The tenders close Oct.
    24. 
    
    India's HPCL closed a buy tender for three VLCCs of crude loading in the first quarter of next year. Winner details have
    yet to be announced. 
    
    RELATED NEWS 
    
    OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries
    about weak demand growth in 2020, sources from the oil-producing
    club said.

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