Pacific crude exports to keep steady in April

    SINGAPORE, Feb 17 (Reuters) - Exports of sweet crudes and 
condensate from Australia, Papua New Guinea and East Timor are 
expected to remain steady in April as field maintenance keeps 
supplies limited, traders said on Monday. 
    A total of 13 cargoes of sweet crude and condensate will be 
available for April loading, the same as in March. 
    With supply steady, differentials for both crude and 
condensate were expected to weaken in April as refiners enter 
turnaround season. 
    Condensate volumes would remain unchanged with 
ConocoPhillips marketing two Bayu Undan cargoes compared to one 
in March and four cargoes of Northwest Shelf (NWS) available, 
including one late-March cargo held by Woodside that was 
deferred to March 31-April 4, traders said. 
    BHP Billiton would load a April 10-14 cargo, BP a April 
18-22 cargo and Chevron a April 27-May 1 cargo. 
    "They are trying to spread out maintenance and keep (NWS) 
loading at an average of four or five cargoes a month this 
year," said one trader.  
    No Kitan condensate would be available in April, with 
traders saying Eni was still holding one cargo scheduled for 
end-March loading, while the next cargo was only expected in 
May.  
    One combined cargo of Pluto and Laminaria could still be 
available for end-March loading with no new supply in April, 
traders said.  
    For the heavy sweet grades, supply would fall to four from 
five with no Stybarrow expected in April. Traders had expected 
Enfield to load in April, the first since end-January, but some 
said no cargoes would be available. 
    Oil Search would load two cargoes of Kutubu in April. 
    Below is a table of Australia, East Timor and Papua New 
Guinea crude and condensate exports: 
         
------------------------------------------------ 
GRADE        CARGO SIZE      APR      MAR  
------------------------------------------------ 
Enfield      550KB            0        0   
Stybarrow    550KB            0        1   
Vincent      550KB            2        2   
Pyrenees     500KB            2        2   
Van Gogh     400KB            0        0   
Cossack      650KB            1        1   
Kutubu       650KB            2        1   
Kitan    500-600KB            0        1   
NWS Cond     600KB            4        3   
Bayu Undan   650KB            2        1   
Pluto        650KB            0       0.5  
Laminaria    650KB            0       0.5 
     
Total:                       13       13  
 
Source: Trade 
 
 (Reporting By Jacob Gronholt-Pedersen; Editing by Simon 
Cameron-Moore) 
 ((jacob.pedersen@thomsonreuters.com)(+65 6417 4529)(Reuters 
Messaging: jacob.pedersen.thomsonreuters.com@reuters.net)) 
 
Keywords: PACIFIC CRUDE/EXPORTS