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Nigeria’s Exports of 12 Key Oil Grades up 17% in March

OIL

Nigeria’s crude loadings are set to climb 17% on the month to 1.3m b/d in March, according to Bloomberg based on the loading schedule for 12 key grades.

  • This compares to 1.1m b/d in February.
  • Bonny Light loadings are 218k b/d in March, up from 134k b/d in February and the highest since Feb. 201.
  • Forcados exports are stable at 274k b/d in March, compared to 267k b/d in Feb.
  • The 12 grades included are: Agbami, Akpo, Amenam, Bonga, Bonny Light, Egina, Erha, Escravos, Forcados, Qua Iboe, Usan and Yoho.

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