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Nigeria’s crude oil exports in December are set to fall from the level planned for the month earlier as maintenance on one field and persistent problems with
The loading programme of 55 cargoes, for a total of 1.63 million barrels per day (bpd), compared with 63 cargoes in November totalling 1.89 million bpd.
Some November Forcados exports were pushed into December, trade sources said, after another attack on the Trans Forcados pipeline, meaning the decline in exports is smaller than the initial plans suggest.
But maintenance work on the Agbami field that cut exports in half in December, along with a significantly smaller export plan for Brass River, a grade under force majeure due to pipeline attacks, mean exports are likely to be somewhat lower.
Grade December cargoes Barrels per day November cargoes Barrels per day
Abo 2 26,000 1 23,000
Agbami 4 126,000 8 260,000
Amenam 3 92,000 1 32,000
Antan 1 13,000 1 22,000
Bonga 6 184,000 6 190,000
Bonny Light 5 156,000 6 175,000
Brass 3 92,000 5 158,000
River**
EA 1 31,000 2 48,000
Ebok* 0 0
Erha 5 153,000 5 167,000
Escravos 5 129,000 5 158,000
Forcados** 9 258,000 6 171,000
Okono* 1 13,000
Okwori 0 0 1 22,000
Oyo* 0 0
Pennington 0 0 0 0
Qua Iboe 8 245,000 9 285,000
Usan 2 97,000 4 133,000
Yoho 2 31,000 1 32,000
Total 55 1.63 million 62 1.89million
Source: Reuters, Daily Trust
