Global base oils exports to Nigeria held firm in June as a surge in shipments from Europe balanced out a slowdown in supplies from the US.Total exports of around 32,600t in June edged down from close to 33,500t the previous month, government and shipping data showed.The shipments lifted total exports to 115,000t in the second quarter of the year.Exports rose from 79,000t in the first three months of the year to the highest quarterly level in more than three years.Exports to Nigeria rose even with a slowdown in supplies from Russia and as currency and payment issues complicated shipments to the country.The firm exports reflected moves to tap an attractive outlet for surplus volumes in the US especially..Europe’s June exports to Nigeria rise
Global base oils exports to Nigeria held firm in June as a surge in shipments from Europe balanced out a slowdown in supplies from the US.Total exports of around 32,600t in June edged down from close to 33,500t the previous month, government and shipping data showed.The shipments lifted total exports to 115,000t in the second quarter of the year.Exports rose from 79,000t in the first three months of the year to the highest quarterly level in more than three years.Exports to Nigeria rose even with a slowdown in supplies from Russia and as currency and payment issues complicated shipments to the country.The firm exports reflected moves to tap an attractive outlet for surplus volumes in the US especially..Europe’s June exports to Nigeria rise