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UPDATE 1-Nigerian oil exports to rise after Bonny cargoes added

Fri, 09th Aug 2013 14:09

GENEVA, Aug 9 (Reuters) - Nigeria will export four cargoesof Bonny Light crude oil in September, a shipping list showed,boosting monthly exports for the top African producer to around1.94 million barrels per day.

Most Nigerian September loading programmes were released inJuly but at the time there were no Bonny cargoes reported.

The four cargoes will be 950,000 barrels each, and dailyexports of the light, sweet grade will be 127,000 barrels perday (bpd). In a month with no supply disruptions, Bonny Lightexports are typically close to 200,000 bpd, according to Reutersdata.

A spokesman for Royal Dutch Shell said on Fridaythat a force majeure, which relieves the Anglo-Dutch companyfrom contractual deliveries due to actions beyond its control,remained in place on this grade.

A company may opt to keep a force majeure in place if it canonly partially meet its contractual commitments.

The Shell spokesman declined to comment on currentproduction levels.

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