The crude for the new grade comes from OMLs 4, 38 and 41 in the Delta State, operated by indigenous producer Seplat Petroleum. The company confirmed that crude is being sent from these fields via a 100,000 b/d pipeline to available storage tanks at the Warri refinery and sold on a FOB basis to Seplat’s offtaker, Mercuria, at the plant’s jetty.
Traders said exports are currently around 10,000-15,000 b/d, with a cargo being exported every four to six weeks.
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