Nigeria to Raise April Daily Exports of Brass River Crude by 21%
Friday, 24 February 2012 | 12:29
Nigeria, Africa’s largest oil producer, plans to increase daily exports of Brass River crude in April by 21 percent, according to a loading program obtained by Bloomberg News.
The country will ship five cargoes totaling 131,667 barrels a day of the blend, compared with 108,871 barrels for March, the plan shows.
Nigeria will also export one 700,000 barrel cargo of Abo crude and one shipment of 900,000 barrels of Okono, according to a separate plan.
Shipping schedules of Amenam, Antan, Erha, Okwori and Pennington grades are not available yet. Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.