OpeOluwani Akintayo
Lagos — Exports of Nigeria’s four main crude oil grades are set to jump in June by 155, 000 barrels per day in June.
Loading schedule seen by SweetcrudeReports says exports of Bonny Light, Forcados, Bonga and Qua Iboe will rise to 895,000 barrels per day bpd from 740,000 bpd in May.
Volumes of Bonny Light, Bonga and Forcados will be higher in June while Qua Iboe will be down at 253,000 bpd from 276,000 bpd.
Aiteo’s operated Nembe Creek Trunk Line that carries Bonny Light was shut down over the weekend due to a fire caused by sabotage, causing declaration of force majeure.
However, exports of Bonny Light, SweetcrudeReports, learnt were not immediately affected as the other main pipeline was still functioning. But the reverse may be the case if the condition persists into May.
