Kuwait’s new ‘super light’ crude may threaten Nigeria’s Asian market

by | February 14, 2018 1:19 am

A bout 29 percent of Nigeria’s crude oil exports end up in Asia, mostly India and Indonesia, and then other key demand hubs in China, Japan and South Korea. Nigeria and other West African crude oil exports to Asia particularly India and China hit about 2.2 million barrels per day (bpd) in September 2017. Nigerian market…

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