Petroleum Africa
Find us on: 
Tuesday, August 6, 2013
Platts has begun publishing daily price assessments for five West African grades of crude oil. The new price assessments was launched on August 1 and provide end-of-day values on the open spot market for two Nigerian grades, two Angolan grades and one grade of crude oil produced in the Republic of Congo (RoC).
With the launch of these new assessments, Platts now publishes a total of 17 daily price assessments for crude oil produced in western Africa.
“These new assessments mark a major expansion of Platts’ coverage of the West African crude oil market and bring a new level of transparency to this burgeoning supply source,” said Andrew Bonnington, editorial director, European & African oil, Platts in a statement.
The Nigerian assessments are for two sweet crudes Akpo and Bonga, Angola’s Pazflor and Plutonio crude oils are now also being assessed on a daily basis, and Djeno crude out of the RoC is the fifth crude added.
Platts’ previous West African price assessments provide values for six Nigerian crudes – Agbami, Bonny Light, Brass River, Escravos, Forcados, and Quao Iboe – and six Angolan grades: Cabinda, Nemba, Dalia, Girassol, Hungo, and Kissanje.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
