The first cargo of Nigeria's new medium sweet crude, Obodo, has loaded and could be headed for Germany, according to sources.
The Suezmax Atlanta Spirit loaded on 25 April from the floating production, storage and offloading vessel Tamara Tokoni, according to tracking data from Kpler.
Nigerian energy firm Oando, which marketed the shipment, has sold it to an undisclosed buyer, according to traders. A source at Nigeria's state-owned NNPC said the cargo could be headed for the North Sea port of Wilhelmshaven, but this was unconfirmed.
Obodo has a gravity of 27.65°API and a very low sulphur content of 0.05pc, according to an assay seen by Argus. Details on Obodo's production levels are not immediately available.
Nigerian independent Continental Oil and Gas is producing Obodo at onshore oil block OML 150 in the Niger delta. NNPC restarted production of similar-quality Utapate in 2024 and launched Nembe a year earlier.
Obodo could find favour with European refineries, as Nigerian medium sweet grades — including Forcados, Escravos and Bonga — have gone predominantly to Europe, the largest market for the country's crude.
