Nigeria: Another force majeure at Forcados?
Nigeria: Another force majeure at Forcados?

Nigeria: Another force majeure at Forcados?

Marie-Émilie🌼

11 min
Business & Finance
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Description

<p>Nigeria, Africa's largest crude oil producer, is struggling to keep oil flowing amid <strong>leaks at the Forcados oil terminal port</strong>. The ill-fated facility has been offline for much of 2022 due to sabotage, and now faces the prospect of another force majeure that could affect European markets.</p> <p>In this episode of the Platts Oil Markets podcast, oil news reporter Charlie Mitchell and oil price reporters Luke Stuart and George Delaney join Francesco di Salvo to discuss what is happening in Nigeria and how traders have reacted so far.</p> <p>Related price assessments:<br /> <a title="AAGXP00 - Forcados FOB Nigeria vs WAF Dtd Strip" href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceProfile?symbol=AAGXP00" target="_blank" rel="noopener">AAGXP00 - Forcados FOB Nigeria vs WAF Dtd Strip</a><br /> <a title= "AAGXL00 - Bonny Light FOB Nigeria London vs WAF Dtd Strip" href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceProfile?symbol=AAGXL00" target="_blank" rel="noopener">AAGXL00 - Bonny Light FOB Nigeria London vs WAF Dtd Strip</a><br /> <a title="AAHPM00 - Azeri Light CIF Augusta vs BTC Dtd Strip" href= "https://platform.platts.spglobal.com/web/client?auth=inherit#platts/priceProfile?symbol=AAHPM00" target="_blank" rel="noopener">AAHPM00 - Azeri Light CIF Augusta vs BTC Dtd Strip</a></p> <p>We want to hear about your podcast preferences so we can keep improving our shows. Take our podcast survey here and share your thoughts: <a href="https://www.surveylegend.com/s/4xyz" target= "_blank" rel="noopener">https://www.surveylegend.com/s/4xyz</a></p>

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