Bloomberg News

Equatorial Guinea to Raise April Zafiro Exports to Four Cargoes

February 24, 2012

Feb. 24 (Bloomberg) -- Equatorial Guinea will increase exports of its Zafiro crude for April to four cargoes, one more than March, a loading program obtained by Bloomberg News shows.

The west African nation will also export two consignments of its Ceiba blend, one less than March, a separate schedule shows. The shipments are 1 million barrels each.

Chad will ship four 950,000-barrel cargoes of Doba crude in April, one more than next month, while Ghana will reduce Jubilee exports for April to two shipments of 950,000 barrels each from three in March, loading programs show.

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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