Angola to Boost Exports of June Pazflor Crude to New High

Angola, Africa’s second-largest oil producer, plans to increase exports of Pazflor crude for June by one cargo from May to seven shipments, the most since the field started production in October, according to a final loading program obtained by Bloomberg.

Exports of the grade will be 221,667 barrels a day, up from 183,871 barrels a day in May, the schedule showed. The capacity of the field is about 220,000 barrels a day, according to Total SA (FP), which operates the project.

Crude exports from the West African nation will total 52 cargoes, three fewer than May. Shipments will total 49.87 million barrels, or 1.66 million barrels a day, compared with 1.7 million barrels, the plan showed.

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

Details of the program are as follows. Cargo sizes are listed in multiples of 1,000 barrels.

----------------------------------------------------------------
Grade      Size       Number of cargoes
                        June    May
Cabinda     950         6       6
Dalia       950         7       7
Gimboa      950         0       1
Girassol  1,000         3       6
Hungo     1,000         1       1
            950         4       4
Kissanje    950         4       4
Kuito       920         1       2
Mondo       950         2       2
Nemba       950         8       8
Palanca     985         0       1
Pazflor     950         7       6
Plutonio  1,000         6       5
Saxi        950         3       2
Total cargoes          52      55
---------------------------------------------------------------

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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