LONDON, Aug 1 (Reuters) - Angolan crude oil continued tosell briskly to China as higher product export quotas forindependent refiners pushed up demand.
ANGOLA
* Around 10 cargoes remain for September loading.
* Asian refining margins for middle distillates haveimproved as Chinese independent refiners received new productexport quotas last month, driving up demand for September andOctober arriving cargos.
* After three months of poor sales to top customer China,most Angolan crude grades are being offered at prices of between50 cents and a dollar above dated Brent more than for August.
* Girassol was heard to have been offered for a premium ofas much as of $3.00 compared to dated Brent, Dalia at almost$2.70 and Cabinda above $1.50.
* Traders say offers may need to come if the cargos are tofully clear and avoid another monthly overhang.
NIGERIA
* Differentials for August loading Bonny Light and Qua Iboecrude were at well below a $2.00 premium to dated Brent, with acargo of Bonny heard to have sold for as low as $1.50.
* The overhang of August loading cargos has muted Septembersales and encouraged buyers to seek discounts.
* Traders said the declaration of force majeure at Libya'smain oilfield may provide a boon to Nigerian crude, sales ofwhich have suffered amid a glut of U.S. and North Sea grades.
TENDERS
* Indonesia's Pertamina has issued a tender for 1.8 millionbarrels for delivery to Teluk Semangka between October 1-5 andfor two 950,000 barrel cargoes for delivery to Balikpapanbetween October 8-15 and October 22-29, set to close on Friday.
RELATED NEWS
* One of Nigeria's main oil and gas trade unions on Thursdaythreatened to take industrial action over a staffing disputewith Chevron.
* Royal Dutch Shell's second-quarter profit slumpedto a 30-month low on weaker gas prices and refining margins,denting a steady recovery in recent years and sending theAnglo-Dutch energy company's shares down 5%.(Reporting by Noah Browning; Editing by Kirsten Donovan)))
