Tuesday, July 19, 2011

Nigeria to Export Six Bonny Light Crude Cargoes in September


http://www.bloomberg.com/news/2011-07-19/nigeria-to-export-six-bonny-light-crude-cargoes-in-september-1-.html

By Sherry Su 


Nigeria, a favored supplier of crude to U.S. refiners, plans to ship six cargoes of benchmark Bonny Light grade in September, down from nine in August, according to a loading schedule obtained by Bloomberg News.

Africa’s largest oil producer will also export seven Agbami, five Bonga, four Brass River, three EA, and seven Forcados shipments. The sizes of cargoes range from 600,000 barrels to 1 million barrels.

Shipping plans of the remaining 13 Nigerian grades, including benchmark Qua Iboe, will be released later this week.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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