September 14, 2018 / 4:32 PM / 5 months ago

W. Africa Crude-BP again bids for Nigerian, Angolan programme awaited

LONDON, Sept 14 (Reuters) - BP bid again for Nigerian cargoes on Friday, willing to pay more than it did on Thursday, while traders in the Angolan market were awaiting the new loading programmes.


* Bonga and Forcados: BP bid these grades at dated Brent plus $1.65 and $1.70 via the Platts system, a trader said, up 5-10 cents from levels reported on Thursday.

* BP has been an active bidder and buyer of Nigerian grades in the Platts window in the last two weeks, a relatively unusual development in the West African market.


* Seven cargoes remain from the October programme, a trader said, fewer than reported on Thursday, and the November loading schedule is due on Monday.


* Indonesia’s Pertamina issued a tender to buy two cargoes of 600,000 barrels of light sweet crude for delivery between Nov. 1-7 or between Nov. 14-21. The size of the tender made a WAF grade an unlikely choice, traders said. (Reporting by Alex Lawler Editing by Edmund Blair) ))

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