Bloomberg News

Congo to Increase December Djeno Crude Exports to Seven Cargoes

November 09, 2011

Nov. 9 (Bloomberg) -- The Republic of Congo will boost exports of its Djeno crude in December to seven cargoes, one more than this month, while keeping N’Kossa shipments stable at two lots, a loading program obtained by Bloomberg News showed.

Equatorial Guinea will maintain exports of its Zafiro crude at four cargoes and will ship two lots of its Ceiba blend, also unchanged from November, according to the schedule. The consignments are of 1 million barrels each.

Chad’s Doba grade exports for December will be unchanged at four cargoes, while Ghana will ship two lots of Jubilee blend, the same as this month, the plans showed. These shipments and the N’Kossa crude are for 950,000 barrels each while Djeno is in 920,000-barrel slot.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

--Editors: Raj Rajendran, Randall Hackley.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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