Nigeria’s crude oil exports to rise in May – loading plans

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Tue Mar 28, 2017 3:56pm GMT
 
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LONDON, March 28 (Reuters) – Nigeria’s crude oil exports are
set to rise to 1.66 million barrels per day (bpd) in May,
according to a loading programme compiled by Reuters on Tuesday.
The programme for the month is up from April’s revised
loadings and also puts Nigeria just above Angola’s planned
exports of 1.61 million bpd in May.
While Nigeria had consistently been Africa’s largest oil
exporter, its loadings have fallen below those of Angola several
times over the past year as it dealt with militant attacks on
oil infrastructure in the Niger Delta.
The increase to 54 May cargoes from 52 in April, or 1.61
million bpd, came in part from rising exports of Bonga and
Antan, both of which were hit earlier in the year by scheduled
maintenance.
Exports of Qua Iboe were expected to be either flat or
lower. April’s export plans…

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