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About Rabi Light
- Rabi Light is a mixture of crudes produced from fields on and offshore Gabon.
- Tullow has entitlement to ~20% of Rabi Light production.
Production
- Rabi Light is currently producing around 60,000 bopd.
Quality
- Low Sulphur, high pour, paraffinic.
Cargo sizes
- Standard cargo Size 950 kbbls +/- 5%.
- Option to offer 650 +/- 5% with prior notice.
Logistics
- Rabi Light loads from the Perenco operated Cap Lopez on-shore terminal located near Port Gentil.
- Flexible Logistics, terminal can accept Aframax, Suezmax and VLCC’s calling either 1st or 2nd Port.
- Maximum draft is 20.5m.
- Maximum Displacement 330kt DWT (160k DWT for 2nd Port arrivals).
Markets
- Rabi Light has a range of buyers and has established itself well in the far east as a an alternative to regional low sulphur high pour crude oils.
Cap Lopez and Rabi Light History
- The Cap Lopez terminal was previously operated by Total, but from late 2021 the Operatorship was assumed by Perenco.
- Following the above corporate activity, Tullow was able to consolidate its modest existing footprint in the terminal so that now over 90% of its Gabon production is received into this facility.
- As a result, Tullow’s participation in Oguendjo blend has ceased and the crude oils are now part of the Mandji and Rabi Light Streams or which Tullow has ~20% of gross Rabi Light production.
Rabi Light properties
Whole Crude Property | Units | Rabi Light |
---|---|---|
API | API | 33.27 |
Sulphur | WT% | 0.139 |
Nitrogen | Ppm | 1,120 |
TAN No. | mgKOH/g | 0.09 |
Pour Point | OC | 30 |
Vanadium | Ppm | 2.5 |
Nickel | Ppm | 17.1 |
Cut (deg C) | Yield % | Rabi Light |
Gas-500/15 | WT% | 0.87 |
Nap 15/175 | WT% | 11.98 |
Kero 175/250 | WT% | 9.44 |
Dist 250/360 | WT% | 18.25 |
VGO 360/565 | WT% | 33.52 |
VRES 565/999 | WT% | 25.95 |