LONDON, Feb 13 (Reuters) - Some spot action resumed with a
European buyer picking up the slack left by Chinese refineries
as glum news about a rise in coronavirus cases weighed.
* China's Unipec were still seeking buyers for a handful of
Angolan cargoes for March export as new programmes were set to
emerge early next week.
* Angola's Sonangol was said to have sold its last spot
cargo to a European refiner.
* State-run ChemChina has joined Chinese refining peers in
slashing output as the coronavirus epidemic cuts fuel demand,
three people with knowledge of the matter said on Thursday,
lowering production by around 100,000 barrels per day (bpd).
TENDERS
* India's IOC awarded a buy tender for crude loading April
11-20. Total was said to be a winner but this could not be
confirmed.
* Indonesia's Pertamina closed a buy tender for crude
cargoes for May 1-3 delivery. Results are expected in the next
few days.
RELATED NEWS
* Oil demand is set to fall this quarter for the first time
since the financial crisis in 2009 due to the coronavirus
outbreak in China, the International Energy Agency (IEA) said on
Thursday. Demand in the first quarter of 2020 is expected to
fall by 435,000 barrels per day (bpd) compared with a year
earlier, it said.
* Cost increases and uncertainty in Nigeria's crucial energy
sector could lead to a 35% decline in oil output over 10 years
as companies delay investments in key oilfields, consultancy
Wood Mackenzie said in new research due to be published on
Friday.
(Reporting By Julia Payne; Editing by Giles Elgood)
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