Subscriber note: Platts publishes new West African crude assessments

Effective August 1, Platts publishes daily assessments for five new West African crudes. The new assessments are for two Nigerian grades, two Angolan grades and one grade produced from the Republic of Congo. Platts publishes assessments for Nigeria's Akpo and Bonga grades. Akpo is a light, sweet crude, similar in specification to Nigeria's Agbami. Its production is currently in the region of 160,000 b/d from an FPSO offshore Nigeria. Bonga is a medium, sweet crude, with a similar production portfolio to Akpo, though operated by Shell from an offshore FPSO. Platts also publishes assessments for Angola's Pazflor and Plutonio. Pazflor is a heavy, sweet crude with a current production rate of of about 200,000 b/d. Its FPSO, which is operated by Total, is located offshore Angola and is fed by one of the larger fields in Angola. Plutonio is a medium, sweet crude with a similar daily production volume as Pazflor. It is operated by BP, from its FPSO also located offshore Angola. Finally, Platts publishes daily assessments for Djeno, produced from the Republic of Congo. Djeno is a heavy-sweet crude produced onshore and operated by Total. The Djeno terminal can accommodate VLCC vessels. Its production is currently in the region of 160,000 b/d. These new assessments add to Platts' West African crude assessment portfolio. Prior to August 1, Platts assessed 12 West African grades: six Nigerian and six Angolan. Please send any feedback to europe_crude@platts.com and pricegroup@platts.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.