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Nigeria Agbami Loadings to Hit 10-month High in Feb

OIL

Nigeria plans to increase Agbami crude exports in February to 101k b/d, the highest level in b/d since April, according to Bloomberg. This is up from 94k b/d in January.

  • Currently, three cargoes will be loaded in February, including a delayed late-January cargo.
  • Other loadings for February are as follows (Change vs Jan):
  • Akpo: 69k b/d (+4k b/d)
  • Amenam: 66k b/d (-26k b/d)
  • Egina: 103k b/d (+38k b/d)
  • Erha: 66k b/d (-26k b/d)
  • Escravos: 131k b/d (-22k b/d)
  • Qua Iboe: 131k b/d (-84k b/d)
  • Usan: 34k b/d (+2k b/d)

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