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Added May 23, 2019

Crude Exports From Angola's Kaombo Project Rise

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Crude Exports From Angola's Kaombo

  • Angola exported its first cargo of medium sour Mostarda crude from new FPSO Kaombo Sul on 12 May, aboard Suezmax Tokyo Spirit —it’s expected to deliver to China.
  • Around 100,000 b/d of Mostarda crude expected to load over June-July.
  • Gindungo exports averaged around 80,000 b/d over September 2018 to April 2019, during which 90% of exports headed to China.  
  • Opec secondary sources pegged Angola’s crude production at 1.392mn b/d in April, compared with 1.478 mn b/d in 2018.

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