Nigerian oil exports to stay largely flat in May – programmes

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By Libby George
    LONDON, April 6  - Nigeria's oil exports are expected to hold at close to 1.8 million barrels per day (bpd)
in May, loading plans showed on Friday. 
    The loading plan included at least 1.799 million bpd on 61 cargoes, but traders said two to three additional 950,000 barrel
cargoes of Usan would be added at some point. 
    Usan operator ExxonMobil had not yet released the programme as it negotiated ownership of the cargoes, traders said.
    As a result, total May crude oil loadings are likely to be just above 1.8 million bpd, largely flat compared with April's initial loading plan of 1.854 million bpd. 

    
 Grade         May cargoes  Barrels per   April       Barrels
                            day           cargoes     per day
 Abo           none         none          1           23,000
 Agbami        8            245,000       7           
 Amenam        3            94,000        3           95,000
 Antan         2            42,000        0           0
 Bonga         6            184,000       6           190,000
 Bonny Light   6            169,000       5           163,000
 Brass River   4            87,000        4           72,000
 EA            1            31,000        1           32,000
 Ebok*         1            21,000                    
 Erha          3            92,000        4           127,000
 Escravos      6            184,000       5           158,000
 Forcados      11           314,000       10          262,000
 Okono         1            29,000        none        none
 Okwori        none         none          none        none
 Oyo*                                                 
 Pennington    1            32,000        1           32,000
 Qua Iboe      7            215,000       10          317,000
 Usan*                                    2           63,000
 Okwuibome     1            31,000        1           30,000
 Yoho          1            31,000        2           63,000
 Total         62           1.799 (mln)   62          1.854
                                                      (mln)
 * Programme not available
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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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