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) ))