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Nigeria’s February Bonny Light Loadings to Fall, Forcados to Rise

OIL

Nigeria’s Bonny Light crude oil loadings are scheduled to rise to four cargoes totaling 3.9mn barrels, or 134kbpd, in February, down from 158kbpd scheduled for January, while Forcados loadings are expected to rise according to a loading program.

  • Forcados February loadings are scheduled to rise to eight cargoes totaling 7.75mn barrels, or 267kbpd, including three cargoes deferred from late January. This is up from 192kbpd scheduled for next month.
  • Bonga loadings will be three cargoes totaling 107kbpd for February, down from 123kbpd scheduled for January.
  • EA exports will be one cargo with 1mn barrels for February, equivalent to 34kbpd. No cargoes have been scheduled for January.
  • Other February Nigeria loadings schedules:
  • Agbami at 101kbpd for February vs 94kbpd in January
  • Akpo at 69kbpd for February vs 65kbpd in January
  • Amenam to drop to 66kbpd, from 92kbpd previously
  • Egina to gain to 103kbpd, from 65kbpd
  • Erha to decrease to 66kbpd, from 92kbpd
  • Escravos to slip to 131kbpd, from 153kbpd
  • Qua Iboe to decline to 131kbpd, from 215kbpd
  • Usan little changed at 34kbpd, vs 32kbpd

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