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Equatorial Guinea to Raise February Crude Exports; Gabon Stable

Equatorial Guinea is set to increase exports of Zafiro crude in February while Gabon is scheduled to ship two lots of its Rabi Light grade, according to two loading programs obtained by Bloomberg News.

Three 950,000 barrel consignments of Zafiro are to be shipped in February, two more than next month, the plan showed. Exports of Gabon’s Rabi Light are set to be two lots of 650,000 barrels, unchanged from January, according to a second schedule.

The plans for Equatorial Guinea’s Ceiba and Aseng grades as well as Gabon’s Rabi Blend and Mandji weren’t yet available.

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

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