W. Africa Crude- Differentials steady as Sept exports fall
LONDON, Sept 19 (Reuters) -West African crude differentials were stable on Thursday as refining margins continue to weigh on demand, while tracking data showed a dip in September exports with proportionally more going to Asia.
* Nigerian Bonny Light was last heard on offer at around dated Brent plus $2, unchanged from last week.
* The number of Nigerian October cargoes heard to be available was somewhere in the high 20s, traders said around a week ago.
* Sales have been sluggish because refining margins have weighed on buyers' demand for crudes.
* Angolan November term allocations were yet to have been finalised on Wednesday, a trader said.
* Angola will load 33 oil cargoes in November, with exports totalling 1.04 million barrels per day (bpd).
* Meanwhile, exports of West African crudes averaged 3.2 million bpd over Sep. 1-19, according to data from ship tracking company Kpler, down from 3.86 million bpd in the full month of August.
* Shipments to Asia account for around 55% of West African crude exports so far this month, or 1.75 million bpd. That compares with 1.51 million bpd in August, which accounted for 39% of the overall total.
* The share of West African crude exports heading to Europe is little changed on the month, dipping from around 32% in August to 30% in September.
* Exports to the Americas have dropped off, from around 15% of August flows to just 4% this month, according to Kpler.
Reporting by Robert Harvey;Editing by Elaine Hardcastle
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