Tuesday, September 15, 2015

Nigeria Lifts Tanker Ban


The almost two-month ban on loading crude on foreign flagged vessels in Nigeria has been lifted. An estimated 113 tankers were banned in mid-July.

According to a Bloomberg report, all incoming vessels into Nigerian waters must get a “Letter of Comfort” from export terminal operators and buyers of Nigerian crude as “guarantee that nominated vessels are free and will not be utilized for any illegal activity whatsoever,” MeleKyari, the NNPC’s group general of crude oil marketing, said in a letter dated September 8.

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