Angola’s April oil exports to climb to 1.691 million bpd

Angola's April crude oil exports are set to climb to 1.691 million barrels per day (bpd). The exports comprise 53 cargoes, including the first of Olombendo crude oil from the East Pole field that oil major Eni started this year.

So far, there are two 950,000 barrel cargoes of the grade in the April export plan, as well as one cargo added for loading on March 19-20.

The deep offshore block has capacity estimated at 38,000 bpd. Angolan state-owned oil company Sonangol stated the cargoes will be put on the market by Eni “on behalf of the partners” in the field.

The company holds a 36.84 stake in the block, while operator Eni holds a 35.83 stake, and the remainder belongs to SSI Fifteen Limited.

The March export program initially included a total of 1.51 million bpd, though that would climb to 1.54 million bpd with the added cargo of Olombendo.

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