Nigeria’s Qua Iboe crude exports set to resume after fire 

Nigeria’s Qua Iboe crude exports set to resume after fire 

S&P Global Platts has reported that Nigeria is set to resume crude export from the Qua Iboe terminal in Akwa Ibom State, six weeks after a fire at the terminal disrupted production and loadings.

The report said Qua Iboe crude production has started to rise to normal levels of 200,000 barrels a day and that loading

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&P Global Platts estimated that production of the key grade ranged between 180,000 – 220,000b/d in 2020.

Qua Iboe is one of Nigeria’s largest export grades and is popular among global refiners in India, the US, Canada, Italy, Spain, Indonesia and Netherlands.

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