BS: Angola to Cut Daily Oil Exports for May by 5%, Final Plan Shows
Angola plans to cut daily crude exports by 5 percent in May from next month, according to a final loading program obtained by Bloomberg News.
The west African nation would export 55 cargoes amounting to 1.7 million barrels a day, compared with 56 cargoes totaling 1.79 million in April, the final schedules showed.
One shipment each of Girassol and Plutonio blend was dropped from the preliminary schedule, while one consignment of Hungo was increased to 1 million barrels from 950,000 barrels, according to the plan.
Loading programs are monthly plans 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 in 1,000 barrels.
