Tuesday, October 25, 2011

Nigeria to Export 6 Brass River, 6 Akpo Oil Cargoes in December


By Lananh Nguyen

(Bloomberg) -- Nigeria, Africa’s largest oil producer, will export six cargoes each of Brass River and Akpo crudes in December, according to loading schedule obtained by Bloomberg News.

December’s volume is higher than November, when five consignments of each grade were scheduled to load. Akpo cargoes comprise 1 million barrels, while Brass shipments include five 950,000-barrel shipments and one lot of 300,000 barrels.

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

--Editors: Alessandro Vitelli, John Buckley.

To contact the reporter on this story: Lananh Nguyen in London at lnguyen35@bloomberg.net

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

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