Europe’s base oils exports to Nigeria held steady at lower levels in March for a second month amid signs of a drop in surplus supplies in the European market.Exports of almost 11,000t to Nigeria in March rose from around 9,300t the previous month, government and shipping data showed. The volume included supplies from the UK and the Baltic region.Shipments from the UK accounted for almost all the supplies, following a slump in shipments from mainland Europe to a four-month low.There were also no shipments from the Baltic region for a third month. The pause in shipments reflected the complication of lining up cargoes of Russian origin to Nigeria. The slowdown in shipments from Europe increased the need for buyers in Nigeria to target supplies from other sources..UK March base oil exports to Africa rise.Contact us for more information about the data for these stories
Europe’s base oils exports to Nigeria held steady at lower levels in March for a second month amid signs of a drop in surplus supplies in the European market.Exports of almost 11,000t to Nigeria in March rose from around 9,300t the previous month, government and shipping data showed. The volume included supplies from the UK and the Baltic region.Shipments from the UK accounted for almost all the supplies, following a slump in shipments from mainland Europe to a four-month low.There were also no shipments from the Baltic region for a third month. The pause in shipments reflected the complication of lining up cargoes of Russian origin to Nigeria. The slowdown in shipments from Europe increased the need for buyers in Nigeria to target supplies from other sources..UK March base oil exports to Africa rise.Contact us for more information about the data for these stories