According to export schedules, Nigeria is expected to witness a rise in oil exports in the month of March.
This is because of the reopening of Shell’s Trans Niger Pipeline (TNP) and the lifting of the force majeure on Brass River crude by ENI.
Nigeria will increase its exports by three cargoes which is scheduled for February.
Last Monday, Royal dutch Shell announced the re-opening of its Trans Niger Pipeline, or TNP, which carries Bonny Light crude oil to the export terminal.
The pipeline had been out of operation since November, 2015.