Loading programmes published so far suggest a possible drop in Nigerian crude and condensate exports in November, with scheduled volumes for 11 grades falling to 947,000 b/d from 1.08mn b/d in October. The decline reflects fewer cargoes of Forcados, Bonga and Erha, partly offset by steady or higher volumes of other grades.
November exports of light sweet Qua Iboe are broadly unchanged from October at 158,000 b/d across five cargoes. ExxonMobil will load two shipments, while Nigeria's state-owned NNPC will lift the remaining three.
Similar-quality Bonny Light loadings are scheduled to fall to 180,000 b/d across six cargoes, down from seven in October. NNPC will load three of the November shipments, while Shell, trading firm Vitol and Italy's Eni will each lift one.
Exports of medium sweet Forcados are also set to drop, falling to 183,000 b/d in November, with six cargoes scheduled — down from nine in October. TotalEnergies, Shell and local firms Seplat and Shoreline will load one November cargo each, while NNPC is due to load two.
Erha loadings will fall to 32,000 b/d from two shipments in October to a single cargo in November, loaded by ExxonMobil. Bonga exports are also scheduled to decline, with three cargoes totalling 102,000 b/d scheduled for November, down from 160,000 b/d last month. NNPC will load two shipments, and ExxonMobil one.
EA Blend is scheduled for export via a single cargo on behalf of Shell, amounting to 33,000 b/d, compared with a cross-month shipment due to load over 30 September–1 October.
Medium sweet Egina exports will rise to 67,000 b/d in November, with two cargoes scheduled — up from one in October. Prime 130, a joint venture between Africa Oil Corp and Brazil's BTG Pactual, will load one cargo, while China's state-owned CNOOC will take the other.
November exports of highly acidic Usan are unchanged across a single 1mn bl cargo to be loaded by Chevron. Yoho volumes are also steady at 32,000 b/d, with ExxonMobil scheduled to load one shipment.
Amenam exports are broadly flat at 63,000 b/d across two cargoes, to be marketed by TotalEnergies and NNPC. Akpo condensate loadings will double to 63,000 b/d in November, with Prime 130 and CNOOC each scheduled to take a cargo.
