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
FG signs renegotiated agreement with ASUU

FG signs renegotiated agreement with ASUU

January 14, 2026
Onos Oborevwori says Delta set for President Federation Cup final

Onos Oborevwori says Delta set for President Federation Cup final

July 8, 2026
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
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
External debt of Nigeria rose to $145bn in 2025–World Bank

External debt of Nigeria rose to $145bn in 2025–World Bank

November 6, 2026
Trump says it would be ‘foolish’ to reject AI ‘riches’

Trump says it would be ‘foolish’ to reject AI ‘riches’

November 6, 2026
Wike: Peter Obi is politically dead

Wike: Peter Obi is politically dead

November 6, 2026
Judas among sports journalists: Olukayode Thomas and price of speaking truth to power

Judas among sports journalists: Olukayode Thomas and price of speaking truth to power

November 6, 2026

Recent News

External debt of Nigeria rose to $145bn in 2025–World Bank

External debt of Nigeria rose to $145bn in 2025–World Bank

November 6, 2026
Trump says it would be ‘foolish’ to reject AI ‘riches’

Trump says it would be ‘foolish’ to reject AI ‘riches’

November 6, 2026
Wike: Peter Obi is politically dead

Wike: Peter Obi is politically dead

November 6, 2026
Judas among sports journalists: Olukayode Thomas and price of speaking truth to power

Judas among sports journalists: Olukayode Thomas and price of speaking truth to power

November 6, 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

External debt of Nigeria rose to $145bn in 2025–World Bank

External debt of Nigeria rose to $145bn in 2025–World Bank

November 6, 2026
Trump says it would be ‘foolish’ to reject AI ‘riches’

Trump says it would be ‘foolish’ to reject AI ‘riches’

November 6, 2026
No Result
View All Result
  • Home
  • World News
  • Politics
  • Business
  • Technology
  • Sports
  • Entertainment
  • Lifestyle

© 2025 Jes News - Your Source for Trusted News.