Latest data by Reuters says Nigeria's crude oil exports are
set to reach 1.84 million barrels per day (bpd) in July.
The projection is said to be slightly higher month-on-month, because of a recovery in
Forcados exports, according to loading programmes compiled by
Reuters on Wednesday.
Forcados exports resumed at the end of May after a nearly
complete shutdown since February 2016. The grade's operator,
Shell's local subsidiary SPDC, issued an initial June
schedule of 197,000 bpd before increasing it to 252,000 bpd.
The resumption cemented Nigeria's return to the status of
Africa's largest oil exporter, a title it lost to Angola
following militant attacks on oil infrastructure in the oil-rich
Niger Delta region during 2016.
With the force majeure in place on Bonny Light, and
loading delays of as much as 10 days, Nigeria's export plans for
June and July are likely to change.
Cargoes of EA and Pennington were also added to the initial
June programme. Nigeria will also export four cargoes of Akpo
condensate in July, the same figure as in June.
Grade July Barrels per June Barrels
cargoes day cargoes per day
Abo 1 23,000 0 0
Agbami 7 220,000 7 228,000
Amenam 3 92,000 3 95,000
Antan 0 0 1 32,000
Bonga 7 215,000 6 195,000
Bonny 6 164,000 7 203,000
Light**
Brass River 5 114,000 5 110,000
EA 1 31,000 1 32,000
Ebok 1 19,000 0 0
Erha 4 129,000 4 133,000
Escravos 4 123,000 4 127,000
Forcados 8 248,000 9 252,000
Okono 1 29,000 1 30,000
Okwori 1 21,000 1 22,000
Oyo 1 11,000 0 0
Pennington 0 0 1 30,000
Qua Iboe 9 276,000 7 222,000
Usan 3 92,000 2 63,000
Yoho 1 31,000 2 63,000
Total 63 1.836 MLN 61 1.835 MLN
