March 4, 2019 / 5:59 PM / 3 months ago

W. Africa Crude-Delays hit Forcados, Bonny Light flows partly shut

LONDON, March 4 (Reuters) - Two Nigerian crude grades have been hit by outages in the past week, causing loading delays and boosting prices on Monday while majors offered Angolan cargoes via tender and traders eyed Indonesian and South African buy tenders.

* Loadings of Nigeria’s Forcados crude oil have been delayed by at least 10 days after a leak on the main pipeline had to be fixed last week, industry and local sources said.

* Nigeria’s Aiteo said on Monday that the Nembe Creek Trunkline, one of the two major lines transporting Bonny Light, was shut on Feb. 28 due to an undisclosed outage while a nearby fire the following day did not impact the pipeline.

* Offers for Bonny Light and Forcados for April loading were shown at dated Brent plus $2.50 a barrel and higher, traders said, but the ultimate sale price would likely be much lower.

* Eni awarded a sell tender for its April 25-26 cargo of Angolan Sangos to Unipec, traders said.

* Chevron issued a sell tender for a cargo of Cabinda loading April 7-8 closing on Tuesday, March 5, a trader said.

* Indonesia’s Pertamina issued a buy tender for early May crude. The tender closes on March 5 and remains valid until March 7.

* South Africa’s Sasol has a buy tender for a cargo loading April 9-15 closing on March 5. (Reporting by Julia Payne, editing by Ed Osmond) ))

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