Nigeria’s crude oil exports are set to slip to 1.52 million barrels per day (bpd) in June, according to loading programmes compiled by Reuters on Tuesday. The programme for the month is down from a revised schedule of 1.63 million bpd in May. Three of the June cargoes of Qua
Iboe, the largest Nigerian stream, were deferred from May.
Operator ExxonMobil has reissued the Qua Iboe plan several times in the past two months due to persistent, but unexplained,
loading delays, and there are now seven cargoes planned for each of May and June. Planned June exports are just below Angola’s schedule of
1.67 million bpd. Nigeria had consistently been Africa’s largest oil exporter, but its loadings have fallen below those of Angola several times over the past year as it had to deal with militant attacks on oil infrastructure in the Niger Delta. Nigeria will also export four cargoes of Akpo condensate in
June, the same figure as in May.
Grade June Barrels May Barrels
cargoes per day cargoes per day
Abo 0 0 1 23,000
Agbami 7 228,000 8 252,000
Amenam 3 95,000 4 123,000
Antan 1 32,000 2 42,000
Bonga 6 195,000 6 184,000
Bonny Light 7 203,000 6 189,000
Brass River 5 110,000 5 112,000
EA 0 0 1 31,000
Ebok* 1 21,000
Erha 4 133,000 4 129,000
Escravos 4 127,000 5 153,000
Forcados** 0 0 0 0
Okono 1 30,000 1 29,000
Okwori 1 22,000 0 0
Oyo*
Pennington*
Qua Iboe 7 222,000 7 215,000
Usan 2 63,000 3 97,000
Yoho 2 63,000 1 31,000
Total 50 1.52 MLN 55 1.63 MLN
*Not yet available
**Grade under force majeure
Source: Reuters
