NNPC LTD LAUNCHES NEW CAWTHORNE BLEND CRUDE INTO GLOBAL MARKET; FIRST EXPORT CARGO HEADS TO THE NETHERLANDS. (PHOTO)
NNPC Ltd Launches New Cawthorne Blend Crude Into Global Market; First Export Cargo Heads To The Netherlands The Nigerian National Petroleum Company (NNPC) Limited, says it has commenced export of its new crude grade – Cawthorne, a significant milestone in the Company’s drive to increase Nigeria’s crude oil production and expand its portfolio of globally competitive export streams. A Statement By Andy Odeh Chief Corporate Communications Officer Reveals 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. NNPC Ltd confirms that the Cawthorne blend crude, which was loaded on an MT Eburones vessel, headed to The Netherlands, and unto the global market. The maiden 950,000 barrels cargo was exported via the Cawthorne Floating Storage and Offloading (...

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