Nigeria’s Agbami Crude Oil Nov Loadings Rise To 260,000 b/d

Nigeria's Agbami Crude Oil Nov Loadings Rise To 260,000 b/d
crude oil barrels

Average loadings of Nigeria’s naphtha-rich Agbami crude in November are set to rise to 260,000 b/d from 251,613 b/d in October, according to a copy of the preliminary loading schedule seen by Platts on Friday.

Total loadings of Agbami for November will be at 7.8 million barrels, the same as seen for October.

In total, eight cargoes of 975,000 barrels each will load in November, the same as in October.

Chevron is currently scheduled to load six cargoes in November, while Nigeria’s state-owned NNPC holds two stems in the program.

Agbami, a light sweet crude with low acid content, is produced 70 miles (113 km) offshore of Nigeria in OPL blocks 26 and 217 and loads from the Agbami FPSO.

With a gravity of 47.2 API, Agbami is one of the lightest grades produced in Nigeria, and its sulfur level of 0.05% is one of the region’s lowest.

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