There are indications that Nigeria’s crude oil export will increase to 1.73 million barrels per day (bpd) in October 2018, up by 22.6 per cent over the 1.41 million bpd scheduled for September. The development may have occurred as a result of the lifting of force majeure on Bonny Light export by Shell Petroleum Development Company, SPDC. According to a Reuters report, the total exports will rise to 1. 73 million barrels per day (b/d) in October from 1.41 million bpd scheduled for September. The report stated that October’s loading will be the largest programme since June this year, but is smaller than last year’s 1.768 million bpd. The report stated: “The export plan comprised 57 cargoes, compared with 48 cargoes in September’s loading schedule. Both the Qua- Iboe and the Forcados streams will load fewer cargoes, while Bonny Light contains the same number of cargoes and Escravos will load one extra.” However, the report noted that exports of these three major streams will drop by 14 percent in October to about 540,000 bpd from September’s record of 630,000 bpd rate. The export plans showed several smaller streams will add, at least, one cargo in October, including Pennington, Okwori and Antan. Nigerian oil export plans are prone to revisions and delays, with cargoes frequently pushed from one month to the next. Recall that crude oil export to the global market in July had increased by 1.9 per cent. SPDC had declared the force majeure on May 17, 2018, following the shutdown of the Nembe Creek Trunkline (NCTL) by the operator, Aiteo Eastern E&P Company Limited.

http://www.akelicious.net/2018/08/nigerian-oil-exports-set-to-hit-173m.html

Will it help us send Buhari back to Daura in 2019?

I dedicate my FTC to all PDP presidential aspirant come 2019


PDP all the way

To what end? How has the huge resources gotten affected the lives of the citizens since time immemorial. A product that the government will end up spending more to import back when fully processed.

Meanwhile, Don't let satisfying madam be a stress due to quick cum or weak attention, etc. See how you can naturally achieve erectile fitness always in my profile.

Does this decrease the price of garri or increase my size of rice at iya Moria?

Progress

Pls reach 3mbpd...

Price should hit $120 per day and remain so for 2 years...

We want to exempt Jonathan

1 Dollar hitting 1 Naira.. It was only just a Dream in Nelly's Voice.....

Yam eaters will be salivating by now.

Good development tho.....but how does it increase the standard of living of the common Nigerianmore barrels of crude hence more money for the looters of her national treasury....

Hahnemann:
Will it help us send Buhari back to Daura in 2019?

I dedicate my FTC to all PDP presidential aspirant come 2019


PDP all the way

So u r a partisan and you seem to sound like a nationalist...what an irony.

I thought they export 2m BPD.

Okay

GavelSlam:
I've seen the usual misguided ones calling such income as huge.

We are a poor nation.

1.7 million barrels a day at 100 dollars (which it isn't) gives 170 million dollars per day.

Divide 170 million by 150 million and you find we make about a dollar a day for each citizen assuming no running cost.

Lol

Actually, the oil owners are not up to 150 million people!!!!


All these attaché gworo chewing skonks and ewedu rabata mungolos are just rushing us


Na them dey rush us for this Nigeria

This is a very good time for the Nigerian economy, if and only if the FG will use the money gotten from export of our bonny light crude in a good way.

Colourich:
This is a very good time for the Nigerian economy, if and only if the FG will use the money gotten from export of our bonny light crude in a good way.

Lol

deepwater:

Lol

Is it funny?

Bheewhy:
Yam eaters will be salivating by now.

Yam eaters like Babachir, Buratai, Lai Mohammed, Maina the pensions thief, NHIS Director, Aso Rock clinic Director etc

GavelSlam:
I've seen the usual misguided ones calling such income as huge.

We are a poor nation.

1.7 million barrels a day at 100 dollars (which it isn't) gives 170 million dollars per day.

Divide 170 million by 150 million and you find we make about a dollar a day for each citizen assuming no running cost.

You should try telling that to Buhari who is busy dashing money almajiri style instead of sending children to school for employable skills.
Wait o, even if you tell him, can he understand