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Nigeria’s October Oil Exports Set at 1.44m b/d, Down 2.4%

Samuel Suraju
BySamuel Suraju
Nigeria’s October Oil Exports Set at 1.44m b/d, Down 2.4%

Nigeria plans to ship an average of 1.44 million barrels per day (b/d) of crude and condensate in October, down 2.4% from the 1.47 million b/d scheduled for September, according to loading programmes covering 17 grades.

Light Sweet Grades

  • Utapate exports will rise to 61,000 b/d across two cargoes in October, up from one in September, with NNPC handling both.
  • Bonny Light holds steady at 213,000 b/d, split across seven cargoes—NNPC five, Shell two.
  • CJ Blend will see a single 31,000 b/d cargo load on 17–18 October.
  • Okwuibome matches that with 31,000 b/d scheduled for 20–25 October. Combined, the two grades fell from 43,000 b/d in September.
  • Brass River returns with 29,000 b/d (one cargo, 13–14 October) after no September loadings.
  • Abo will ship 700,000 bl (22,600 b/d) in one cargo over 5–6 October.

Medium-Sweet Grades

  • Forcados loadings drop to 272,000 b/d (nine cargoes) from 286,000 b/d in September. NNPC will lift four cargoes, Shell three, Shoreline one, Eni one.
  • Bonga climbs sharply to 160,000 b/d (five cargoes), the highest since January, compared with 102,000 b/d in September. NNPC will lift two cargoes, with Eni, Shell, and TotalEnergies taking one each.
  • EA Blend disappears from the October schedule after 32,000 b/d in September.

Other Key Grades (000 b/d & Cargoes)

  • Agbami – 91.9 (3 cargoes) vs 95.0 (3)
  • Escravos – 122.6 (4) vs 126.7 (4)
  • Usan – 32.3 (1) vs n/a
  • Qua Iboe – 153.2 (5) vs 158.3 (5)
  • Yoho – 30.6 (1) vs 31.7 (1)
  • Amenam – 61.3 (2) vs 63.3 (2)
  • Akpo – 30.6 (1) vs 63.3 (2)
  • Egina – 32.3 (1) vs 66.7 (2)
  • Erha – 61.3 (2) vs 63.3 (2)
  • CJ Blend – 30.6 (1) vs 43.3 (2)
  • Okwuibome – 30.6 (1) vs 95.0 (3)
  • Abo – 22.6 (1) vs n/a
  • Utapate – 61.3 (2) vs 31.7 (1)

Total Flows

In all, Nigeria will export 1.44 million b/d from 47 cargoes in October, slightly below 1.47 million b/d across 47 cargoes in September.

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About the Author

Samuel Suraju

Samuel Suraju

Suraju Samuel M. is a Nigerian journalist and energy sector analyst specializing in petroleum markets, downstream pricing dynamics, and energy policy. His reporting focuses on Nigeria’s oil and gas industry, including refinery operations, depot pricing movements, regulatory developments, and global oil market trends. He provides data-driven coverage of the downstream sector and its implications for energy security and market stability.

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