Nigeria Agbami Exports Stable at Eight Cargoes, Escravos Reduced

Nigeria, Africa’s largest oil producer, plans to keep exports of Agbami crude stable at eight cargoes in January and cut Escravos by one lot from December to three, two loading programs obtained by Bloomberg News showed.

The nation will also ship four consignments of Usan grade in January, one more than December, according to a separate schedule. Each cargo is of 950,000 barrels.

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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