Bloomberg News

Equatorial Guinea to Cut April Aseng Oil Exports to Two Cargoes

March 01, 2012

Equatorial Guinea plans to export two cargoes of 950,000 barrels each of Aseng crude next month, one less than March, according to a loading program obtained by Bloomberg News.

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

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

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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