Nigeria’s oil exports are expected to rise to their highest in four months in October, thanks to supply of several larger grades coming back online following a series of pipeline outages in the last couple of months.
Loading of Nigerian crude will rise to 1.73 million barrels per day, from September’s 1.41 million bpd, Reuters reported yesterday.October’s will be the largest programme since June this year, but is smaller than last year’s 1.768 million bpd.
The export plan comprised 57 cargoes, compared with 48 cargoes in September’s loading schedule.Both the Qua Iboe and the Forcados streams will load fewer cargoes, while Bonny Light contains the same number of cargoes and Escravos will load one extra.
Exports of these three major streams will drop 14 per…
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