W. Africa Crude-Total sells Dalia, more Nigerian programmes appear

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LONDON, Nov 26 – Angolan crude oil has begun to
trade on a spot basis for January loading, traders said on
Tuesday, while more Nigerian loading programmes trickled out.

ANGOLA
* Sonangol has allocated 11 January cargoes to term buyers
for export.
* Dalia: Total sold the cargo it had been offering at dated
plus $2, one trader said, similar to offers for December
cargoes.
State oil company Sonangol was offering another cargo at
dated Brent plus $3.50 on Monday, although the offer was not
being shown today, a trader said.

NIGERIA
* About 10 cargoes of Nigerian crude remain for export in
December, among the lowest supply overhangs this year.
* January loading programmes are emerging. The Bonny Light
programme lists nine cargoes, the same as in December, a trade
source said.

(Reporting by Alex Lawler
Editing by Jane Merriman)

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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