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Republic of Congo July crude oil loadings rise to 7.42 million barrels

Increase font size  Decrease font size Date:2014-05-30   Views:396
Loading volumes for Republic of Congo's two main crude oil grades -- Djeno and N'Kossa -- are set to rise in July to a total of 7.42 million barrels from 6.47 million barrels in June, according to copies of preliminary loading schedules seen by Platts Wednesday.

The average daily loading rate will rise to 239,355 b/d in July from 215,667 b/d in June.

Djeno, the country's flagship grade, is set to load six 920,000-barrel cargoes in July, the same as for June.

N'Kossa loadings are scheduled to double, with two 950,000-barrel cargoes to be exported in July compared with only one 950,000-barrel export in June.

Djeno, a heavy medium-sweet crude grade with an API gravity of 28.1, is suitable for direct burning in power generation, according to the website of Total, which operates the Djeno terminal.

Djeno is a very popular grade among Chinese refiners, especially Unipec and Sinochem.

N'Kossa, a light sweet grade also loaded by Total from the Djeno terminal, has a gravity of 39.93 API and a sulfur content of 0.06%, according to the company.

The program for the country's third main grade, Azurite, has not been released, sources said.

 
 
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