Nigeria’s Qua Iboe, Forcados Crude Oil Exports to Fall in December

Qua Iboe will load 7 cargoes at a daily rate of 215,000 bpd assuming a cargo size of 950,000 barrels.

SEATTLE (Oil Monster): Exports of Nigeria’s Forcados and Qua Iboe crude oil streams will fall in December, according to loading programmes.

Forcados will load 9 cargoes at a daily rate of 257,000 barrels down from 263,000 bpd in November.

Qua Iboe will load 7 cargoes at a daily rate of 215,000 bpd assuming a cargo size of 950,000 barrels. This is down from 8 cargoes in November at 245,000 bpd.

Loading programmes for other grades also began to trickle out. Escravos will load 6 cargoes, Agbami will have four, Amenam three cargoes and Yoho will have one in December.

Courtesy: www.reuters.com