Nigeria to Keep August Usan Crude Exports Unchanged at Four Lots

Nigeria, Africa’s largest oil producer, plans to export four 950,000-barrel cargoes of Usan crude in August, unchanged from July, according to a loading plan obtained by Bloomberg News.

The nation will also export five shipments of Brass River, comprising three lots of 950,000 barrels, and one consignment each of 250,000 and 350,000 barrels, separate plans showed.

Loadings of Abo crude will increase to two cargoes totalling 1.1 million barrels, compared with 700,000 barrels for July, a schedule showed.

Shipping plans for Akpo, Erha and Pennington grades haven’t been released. Loading programs are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.

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