Jes News
Advertisement
  • Home
  • World News
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Lifestyle
No Result
View All Result
  • Home
  • World News
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Lifestyle
No Result
View All Result
Jes News
No Result
View All Result

NNPC exports 950,000 barrels of crude to Netherlands

John Egbokhan by John Egbokhan
April 8, 2026
in Business
NNPC exports 950,000 barrels of crude to Netherlands
Share on FacebookShare on Twitter

The Nigerian National Petroleum Company (NNPC) Limited has said it has started exporting a new crude oil grade, Cawthorne, as part of efforts to boost production and expand Nigeria’s footprint in the global market.

In a statement by its chief corporate communications officer, NNPC said the first cargo of the Cawthorne blend was shipped on April 5 aboard the MT Eburones vessel to the Netherlands.

NNPC announced the new crude grade in February.

NNPC stated that the 950,000-barrel cargo was loaded through the Cawthorne floating storage and offloading (FSO) vessel located offshore Bonny, Rivers state, adding that the facility is expected to improve evacuation from oil mining lease (OML) 18 and strengthen export efficiency.

“Cawthorne blend crude, the latest addition to Nigeria’s basket of crude grades, has an API gravity of 36.4, placing it firmly within the light, sweet category, comparable to Bonny Light, and highly valued in the global market for its superior petrol and diesel yields,” the statement reads.

“NNPC Ltd confirms that on Sunday, April 5, 2026, the Cawthorne blend crude, which was loaded on the MT Eburones vessel, is headed to the Netherlands and onward to the global market.”

The company said the introduction of the new grade is in sync with its strategy to optimise production, diversify export streams, and improve competitiveness in the international oil market.

The firm said the start of Cawthorne builds on recent additions such as Nembe and Utapate crude grades, reflecting a “structured approach” to expanding Nigeria’s crude oil portfolio.

Speaking on the development, group chief executive officer of NNPC, Bayo Ojulari attributed the milestone to policy reforms under President Bola Tinubu and partnership with industry stakeholders, including the Nigeria Upstream Petroleum Regulatory Commission (NUPRC).

“This milestone reflects the direction we have set for NNPC Limited, one anchored on execution, partnership, and value creation,” he said.

 

Tags: crude oilNetherlandsNNPC
ShareTweet
John Egbokhan

John Egbokhan

Stay in the Loop

  • Trending
  • Comments
  • Latest
POCACOV to organise training for Checkers Custard to combat fraud, drug abuse in work place

POCACOV to organise training for Checkers Custard to combat fraud, drug abuse in work place

September 20, 2025
‘Costliest peace cheaper than cheapest war’, says Fubara in Rivers state-wide address

‘Costliest peace cheaper than cheapest war’, says Fubara in Rivers state-wide address

September 19, 2025
Bafana Bafana escape point deduction over ineligible footballer in World Cup qualifying 

Bafana Bafana escape point deduction over ineligible footballer in World Cup qualifying 

September 10, 2025
Delta Sports Commission boss Onos Oborevwori in Lagos to cheer Delta Queens against Danaz Ladies

Delta Sports Commission boss Onos Oborevwori in Lagos to cheer Delta Queens against Danaz Ladies

April 7, 2026
Nigerian nurses suspend industrial action

Nigerian nurses suspend industrial action

0
Atalanta reject Inter offer for Lookman, demand 50m euro

Atalanta reject Inter offer for Lookman, demand 50m euro

0
Agents of Chukwueze meeting Fulham, Besiktas, Fenerbahce

Agents of Chukwueze meeting Fulham, Besiktas, Fenerbahce

0
Osimhen gives up enormous salary to join Galatasaray

Osimhen gives up enormous salary to join Galatasaray

0
Nwosu says Nafiu Bala, all ADC state chairmen attended unveiling of Mark as leader of opposition party

Nwosu says Nafiu Bala, all ADC state chairmen attended unveiling of Mark as leader of opposition party

April 8, 2026
Trump attacks CNN over framing of Iran-US ceasefire deal

Trump attacks CNN over framing of Iran-US ceasefire deal

April 8, 2026
More than 300 bandits invade Niger communities as Nigerian troops neutralize scores

More than 300 bandits invade Niger communities as Nigerian troops neutralize scores

April 8, 2026
NNPC exports 950,000 barrels of crude to Netherlands

NNPC exports 950,000 barrels of crude to Netherlands

April 8, 2026

Recent News

Nwosu says Nafiu Bala, all ADC state chairmen attended unveiling of Mark as leader of opposition party

Nwosu says Nafiu Bala, all ADC state chairmen attended unveiling of Mark as leader of opposition party

April 8, 2026
Trump attacks CNN over framing of Iran-US ceasefire deal

Trump attacks CNN over framing of Iran-US ceasefire deal

April 8, 2026
More than 300 bandits invade Niger communities as Nigerian troops neutralize scores

More than 300 bandits invade Niger communities as Nigerian troops neutralize scores

April 8, 2026
NNPC exports 950,000 barrels of crude to Netherlands

NNPC exports 950,000 barrels of crude to Netherlands

April 8, 2026
Jes News

We bring you the latest stories and updates on news, entertainment, business, and more all in one place. Stay informed with Jes News.

Follow Us

Browse by Category

  • Business
  • Entertainment
  • Lifestyle
  • Metro
  • News
  • Politics
  • Sports
  • Technology
  • Uncategorized
  • World News

Recent News

Nwosu says Nafiu Bala, all ADC state chairmen attended unveiling of Mark as leader of opposition party

Nwosu says Nafiu Bala, all ADC state chairmen attended unveiling of Mark as leader of opposition party

April 8, 2026
Trump attacks CNN over framing of Iran-US ceasefire deal

Trump attacks CNN over framing of Iran-US ceasefire deal

April 8, 2026
No Result
View All Result
  • Home
  • World News
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Lifestyle

© 2025 Jes News - Your Source for Trusted News.