×
NewsDay

AMH is an independent media house free from political ties or outside influence. We have four newspapers: The Zimbabwe Independent, a business weekly published every Friday, The Standard, a weekly published every Sunday, and Southern and NewsDay, our daily newspapers. Each has an online edition.

Angolan Sept oil exports to slide in revised plan

News
LONDON (Reuters) – Angola’s crude exports in September are set to fall by about 300,000 barrels per day (bpd) to the lowest since June 2011 in a final loading schedule issued on Thursday, traders said on Friday. Exports are set to average 1.57 million bpd in September, the same as in the preliminary programme issued […]

LONDON (Reuters) – Angola’s crude exports in September are set to fall by about 300,000 barrels per day (bpd) to the lowest since June 2011 in a final loading schedule issued on Thursday, traders said on Friday.

Exports are set to average 1.57 million bpd in September, the same as in the preliminary programme issued on July 17. The latest schedule lists 49 cargoes, unchanged.

Angola dropped one cargo of Girassol crude from the programme and added an extra cargo of Nemba, a trader said, although the Nemba is thought to be a delayed August cargo.

The dropping of the Girassol shipment follows a production problem that prompted operator Total to declare a force majeure, which has now been lifted.