Nigeria oil export plans delayed as output cut talks continue -sources

Nigeria oil export plans delayed as output cut talks continue -sources
Representative Image Image Credit: ANI
  • Country:
  • Nigeria

Nigeria's state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international majors on who will rein in output in line with a production cut deal by top producers, trading sources said.

"The OPEC+ quota has to be implemented for the new (June export) program as well as revising the May programs already issued," a Nigerian oil trading source told Reuters.

"May cargoes will get delayed and new June cargoes may be relatively few."

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