West Africa Crude: Angolan trade slow, Nigerian steady

Angolan crude for June loading has not attracted much spot buying interest yet as offer levels fail to tempt buyers. 

* Nigerian differentials were steady. The full set of June loading programmes has not been issued yet.

ANGOLA

* Few spot sales of June-loading Angolan cargoes have come to light. BP was heard to have sold its early June-loading Mondo cargo, but buyer and price details were not known.

* Sonangol's offers of Dalia and Sangos cargoes, at dated Brent minus $3 and dated minus $1.80 respectively, were unchanged from Friday. The company has allocated 13 June-loading cargoes to term buyers.

Reuters - Nigeria needs until June to repair Forcados pipeline - Kachikwu

Repair work on a Nigerian pipeline feeding the key Forcados export terminal will last until June, the country's oil minister said on Wednesday, confirming a Reuters report from last week. "The line won't be ready until June," Emmanuel Ibe Kachikwu told reporters.

Unknown gunmen attacked the pipeline run by Royal Dutch Shell in February, reducing Nigeria's oil output by some 250,000 barrels a day.

Kachikwu also said Africa's top crude producer hoped to sign by July agreements with foreign partners to overhaul its three outdated refineries in Port Harcourt, Warri and Kaduna.