Bloomberg News

Nigeria Plans to Boost Bonny Light Crude Exports in October

August 21, 2012

Nigeria, Africa’s largest oil producer, plans to increase Bonny Light daily crude exports for October by 49 percent from September to 236,613 barrels a day, according to a loading program obtained by Bloomberg News.

The October schedule comprises 10 cargoes totaling 7.335 million barrels, compared with five shipments amounting to 4.75 million for September, the plan showed.

Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

To contact the reporter on this story: Sherry Su in London at lsu23@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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