Bloomberg News

Equatorial Guinea to Boost March Aseng Exports to Three Cargoes

February 07, 2012

Feb. 7 (Bloomberg) -- Equatorial Guinea will export three cargoes of Aseng crude next month, compared with one for February, a loading program obtained by Bloomberg News showed.

The March program comprises two 650,000 barrel cargoes and one shipment of 950,000 barrels, according to the plan.

Aseng is a medium, sweet, or low-sulfur, blend similar to Angola’s Girassol grade. Production started in November, according to Noble Energy Inc., the operator of the field. Glencore International Plc is the marketer for the grade.

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, Rob Verdonck.

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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