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Nigeria’s Loadings for October Set to Fall Below 1mbpd

OIL

Nigeria loadings schedule data has fallen from over 2.1mbpd in mid 2019 down to just 992kbpd in October.

  • The latest field updates are:
    • Bonga down to 31k from 95k in Sept
    • Brass up to 31k from 0 in Sept
    • Abo down to 19k from 20k in Sept
    • EA up to 29k from 22k in Sept
    • Pennington up to 31k from 0 in Sept
    • Antan down to 10k from 32k in Sept
    • Forcados exports were suspended in August due to repair works and Bonny Light have been zero since May.

Source: Bloomberg

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