Minimum purchase amount of
BLCO – 2 million barrels x 12
months at 10/6 USD
PRICE: Current Market Price
SPECIFICATIONS:
This Nigerian crude oil is produced
in Nigeria from Chevron Texaco
and Shell concessions. Chevron Texaco’s exports are
throughput and loaded from the
Shell-operated Bonny Terminal, which can accommodate a Very
Large Crude Carrier (VLCC) loading. The typical cargo size is 950
thousand barrels. The API gravity for Bonny Light is
35 degrees and the sulfur
content is 0.2%. The typical cargo size for this FOB
assessment is 950,000 bbl and
the grade
loads at the Shell-operated
Bonny Terminal. The current bbl/mt conversion
factor for Bonny Light crude oil is
7.526
and typical output is around
540,000 barrels per day.
Bonny Light Specifications are:
API 32.9°, S.G. 0.8607, Sulphur 0.16%, Pour point 19°F, TAN 0.28 mg KOH/g, Nickel 3.9 ppm, Vanadium 0.4 ppm, Visc. (40°C) 4.16 cSt.
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