US base oils exports to Africa rose to a fourteen-month high in May amid a sustained surge in shipments to Nigeria.Total exports of 208,380bl (29,350t) in May edged up from 207,020bl the previous month, government data showed.The pick-up in shipments lifted total exports to 517,000bl in the three months to May. The volume exceeded total shipments of less than 510,000bl to the region in the ten months to February.Some 75pc of the May volume moved to West Africa, mostly to Nigeria.Base oils exports to South Africa also extended their strong rise so far this year.The shipments to Nigeria mostly reflected arbitrage supplies.They included an increasingly steady flow of supplies from the district of Philadelphia, where a Group I plant is situated.The exports also included less regular shipments from the districts of Houston-Galveston and Port Arthur in Texas..US’ May base oils exports rise
US base oils exports to Africa rose to a fourteen-month high in May amid a sustained surge in shipments to Nigeria.Total exports of 208,380bl (29,350t) in May edged up from 207,020bl the previous month, government data showed.The pick-up in shipments lifted total exports to 517,000bl in the three months to May. The volume exceeded total shipments of less than 510,000bl to the region in the ten months to February.Some 75pc of the May volume moved to West Africa, mostly to Nigeria.Base oils exports to South Africa also extended their strong rise so far this year.The shipments to Nigeria mostly reflected arbitrage supplies.They included an increasingly steady flow of supplies from the district of Philadelphia, where a Group I plant is situated.The exports also included less regular shipments from the districts of Houston-Galveston and Port Arthur in Texas..US’ May base oils exports rise
