Spot activity was muted in the West African market on Thursday as traders awaited February Angolan term allocations, several key tender results and key Nigerian programmes for February.
* Uruguay’s ANCAP took a cargo of Angolan Nemba and WTI, traders said
* Rongsheng did not take west African crude in its latest tender
* Angolan Sonangol was still to allocate spot cargoes for February
* The February programmes for some Nigerian grades emerged. Agbami will load 4 cargoes, Erha 2 cargoes, Escravos 5 cargoes, Usan one cargo, Akpo 3 cargoes, Amenam 2 and 4 Egina.
– Reuters