The country plans a reduction of about one percent
There are indications that Nigeria will, from February, cut its daily production of crude oil by one percent.
According to shipping plans, the country will reduce production to 2.12 million barrels a day from the 2.14 million barrels produce previously.
In February, it is expected that the country will ship 72 cargoes, four more than its shipment in January.
According to schedules, the March loading programme will include 13 cargoes at Qua Iboe, eight Forcados, seven Agbami, six Bonny Light, five Bonga, five Akpo, four Escravos, four Brass River, four Erha, three Amenam, two Pennington, two Antan, two Okwori, two Okono, two EA, two Yoho and one Abo.
Most consignments are for 950,000 barrels.
Loading programmes are monthly schedules of crude shipments compiled by field operators to allow buyers and sellers to plan their supply and trading activities.
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