August loadings of Nigeria's flagship Qua Iboe crude oil blend are set to fall to 11.40 million barrels, according to a copy of the program obtained by Platts Tuesday.
August crude loadings are scheduled to total 11.40 million barrels, down from 12.35 million barrels in July, according to Platts data.
Twelve cargoes of Qua Iboe are scheduled to load in August, compared to 13 in July, according to the program.
On a daily average basis, loadings will fall to 367,742 b/d from 398,387 b/d in July.
The August loading program indicates that ExxonMobil holds four cargoes while the Nigerian National Petroleum Corp. holds eight.
Qua Iboe is produced from a number of offshore oil fields in the Bight of Biafra. The crude, from fields 20 to 40 miles off Nigeria's southeastern coast, is brought to shore via a subsea pipeline to the ExxonMobil-operated Qua Iboe Terminal.
ExxonMobil operates the Qua Iboe Terminal with a 40% interest, with NNPC owning the remaining 60%.
