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WAfrica Crude-Most Nigeria loadings emerge, dealing thin

Thu 8 May 2008, 16:24 GMT
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LONDON, May 7 (Reuters) - The spot West African crude market was relatively quiet as the loading programmes for most Nigerian grades finally became available, traders said on Thursday.

June loading programmes became available for Brass River and Erha and the revised schedules for Qua Iboe appeared but Bonny Light loadings were still not released, they said.

Shell said about 164,000 bpd Bonny Light production remained shut in and the force majeure was still in place.

Nigeria's oil exports volumes, without Bonny Light, are expected to be about 1.74 million barrels per day. [O/LOAD]

Dealings of Angolan crude for June were also thin as Asian buyers have mostly covered their June requirements. Some Dalia cargoes were available and Hungo was heard reoffered.

(Reporting by Ikuko Kao)

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