Home Energy Nigerian oil exports to slip in June – loading plans

Nigerian oil exports to slip in June – loading plans

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LONDON, APRIL 23, 2018 - Nigeria's oil exports are
expected to fall slightly in June to just under 1.8 million
barrels per day (bpd), loading plans showed on Monday. 
    The export plan comprised 60 cargoes, for a total of 1.796
million bpd, compared with the 1.895 million bpd in May's
revised export programme. 
    June exports will also include four cargoes of Akpo
condensate with 133,000 bpd, compared with three cargoes in May
offering 97,000 bpd. 
    The export plans showed two fewer cargoes of Agbami in June,
and one fewer Antan, Bonga, Qua Iboe, EA, Okono, Pennington and
Usan compared with the previous month. 
    Nigerian oil export plans are prone to revisions and delays,
with cargoes frequently pushed from one month to the next. 
    
 Grade         June      Barrels    May        Barrels per
               cargoes   per day    cargoes    day
 Abo           1         23,000     none       none
 Agbami        6         195,000    8          245,000
 Amenam        4         127,000    3          94,000
 Antan         1         32,000     2          42,000
 Bonga         5         158,000    6          184,000
 Bonny Light   6         195,000    6          169,000
 Brass River   5         88,000     4          87,000
 EA            none      none       1          31,000
 Ebok          1         22,000     1          21,000
 Erha          4         127,000    3          92,000
 Escravos      6         190,000    6          184,000
 Forcados      10        289,000    10         283,000
 Okono         none      none       1          29,000
 Okwori        1         22,000     none       none
 Oyo*                                          
 Pennington    none      none       1          32,000
 Qua Iboe      7         222,000    8          245,000
 Usan          2         67,000     3          97,000
 Okwuibome*                         1          31,000
 Yoho          1         32,000     1          31,000
 Total         60        1.796      65         1.895 (mln)
                         (mln)                 
 * Programme not available


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