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Equatorial Guinea to Cut October Zafiro Crude Exports by 20% – www.equatorialguineaonline.com

www.equatorialguineaonline.com

Equatorial Guinea will reduce exports of its Zafiro crude to four cargoes in October, one less than September, according to a loading program obtained by Bloomberg News.

The west African nation will also export three cargoes of its Ceiba blend, unchanged from September, a separate shipping schedule showed. Zafiro and Ceiba shipments are of 1 million barrels each.

Chad will export three 950,000-barrel consignments of Doba grade in October, compared with four next month, according to a loading plan.

All three crudes are low-sulfur, or sweet. Exxon Mobil Corp. operates the Zafiro and Doba oil fields and Hess Corp. runs Ceiba.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

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