NNPC LTD LAUNCHES NEW CAWTHORNE BLEND CRUDE INTO GLOBAL MARKET; FIRST EXPORT CARGO HEADS TO THE NETHERLANDS. (PHOTO)

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 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 (FSO) vessel.Strategically located offshore Bonny, Rivers State, the Floating Storage and Offloading (FSO) enhances crude evacuation from OML 18 and strengthens Nigeria’s export reliability, operational efficiency, and overall energy security. 

The introduction of Cawthorne to the international market underscores NNPC Ltd’s deliberate strategy to unlock value from its asset base, deepen market competitiveness, and support the Presidential mandate of scaling crude oil production to three million barrels per day and gas output to 12 billion cubic feet per day by 2030. 

Group Chief Executive Officer of NNPC Ltd, Bashir Bayo Ojulari, commended President Bola Ahmed Tinubu’s policy direction and sector reforms and the tremendous collaboration shown by OML 18 partners, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) and other stakeholders towards achieving the milestone.

NNPC Limited Ojulari Said will continue to leverage innovation, strategic partnerships, and operational discipline to unlock the full value of Nigeria’s hydrocarbon resources while ensuring Nigeria’s long-term energy security and economic growth.

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