Nigeria’s crude oil exports are set to increase as Exxon claims to have filled storage facilities at its Qua Iboe export terminal and awaiting government clearance to export.
Force majeure, however, still exists as Exxon declined to state a specific date for resuming exports
Another Nigerian grade operated by Royal Dutch Shell Plc is also scheduled to restart soon.
Both exports, if materialized, could increase shipments by about 540,000 barrels daily, using last year’s estimates.
