Nigeria to Keep January Bonga Crude Exports Stable at Five Lots

Nigeria, Africa’s largest oil producer, plans to ship five cargoes of Bonga crude in January, the same number as December, according to a loading program obtained by Bloomberg News.

Three of the cargoes will be of 997,500 barrels and two of 1 million, the plan showed. The schedule for Qua Iboe, the country’s benchmark grade, isn’t yet available. 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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