Reuters has reported that PDVSA, Venezuela’s state-run oil company, has bought three new cargoes of Angolan and Nigerian crudes, which are to be delivered to the Bullenbay terminal in the Caribbean island of Curacao.
In June, PDVSA bought African crudes to use them as diluents for its extra heavy oil and since then it has received some 5 million bbls at Bullenbay, where it operates a storage and blending terminal.
The first three cargoes of Nigerian Bonny Light and Bonga crudes, 1 million bbls each, were bought from oil firm Royal Dutch Shell and were discharged between June and July. A new cargo loaded with 1 million bbls of Angolan light crude Cabinda, also supplied by Shell, was loaded on 19 August. Tanker Stena Superior also loaded up to 1 million bbls of Angolan Kissanje medium blend, which is moored around Bullenbay waiting to unload, according to traders and Thomson Reuters vessel tracking data.
The most recent cargo of African crude bought by PDVSA was loaded the week commencing 7 September with Nigerian crude on tanker Seavoyager at Bonny Offshore Terminal and it is now on its way to Curacao.
Edited from various sources by Angharad Lock
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