9.010 €
(-3.22 %)
Overview of Crude Trading Activity
Maurel & Prom has developed a robust crude trading platform that complements its upstream production operations in Africa and South America, enhancing value capture across the hydrocarbon value chain. Trading third-party crudes and optimising cargo liftings are strategic differentiators that support balanced risk management and maximised market access.
Our crude trading desk works closely with producers, refiners, and logistics partners to originate, structure and deliver cargoes tailored to buyer specifications across globally diversified markets.
Crude Specifications and Terminal specs
Gabon
Crude Grade: Rabi Light (and associated blends) – medium-sweet.
Typical properties: API gravity ~35-37°, pour point ~20-30°, low sulfur ~0.08-0.14% (indicative) making them attractive to Far East, Mediterranean and Atlantic Coast refiners.
Export Terminal : Cap Lopez (Port-Gentil region) full-service export terminal capable of handling VLCC cargoes, first or second load
Angola
Crude grade: Palanca: medium-sweet.
Typical properties: API gravity ~35-38°, sulfur ~0.1-0.3% (indicative), pour point 0-10° making them attractive to Far East, Mediterranean and Atlantic Coast refiners.
Export/Loading Facilities: Palanca terminal – full-service export terminal capable of handling VLCC cargoes, first or second load.
Venezuela
Crude grade: Merey 16 – typical heavy grades, with variable sulfur content.
Typical properties: API gravity ~15-18°, sulfur ~2-3% (indicative) making them attractive to Far East, Mediterranean and Atlantic Coast refiners.
Export/Loading Facilities: Jose Antonio Anzoategui Terminal (TAECJAA) – full-service export terminal capable of handling VLCC cargoes, first or second load.
Preliminary Lifting Outlook
Gabon
Rabi light - Cap Lopez Terminal:
950 Kbbl (+/- 5%)
July, September and November 2026
(subject to confirmation by the terminal operator)
Angola
Palanca - Palanca Terminal:
985 Kbbl
24-25 July 2026
(subject to confirmation by the terminal operator)
Venezuela
Merey 16 - TAECJAA Terminal:
1 000 Kbbl
(subject to confirmation by the terminal operator)