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Free AccessNigeria’s February Bonny Light Loadings to Fall, Forcados to Rise
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
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.