NNPC Limited confirmed the arrival of its first 950,000-barrel shipment of the Cawthorne blend crude in the Netherlands. The cargo, loaded on April 5, 2026, from the new Cawthorne Floating Storage and Offloading vessel tied to Oil Mining Lease 18, marks NNPC's maiden export of the upgraded crude grade. The shipment underscores the company's push to expand its export market for higher-value Nigerian crude blends.
💡 NaijaBuzz Take
The move by NNPC Limited to ship 950,000 barrels of Cawthorne blend crude to the Netherlands exposes the fragility of Nigeria's local refining capacity. With such volumes routinely exported instead of processed domestically, the country's fuel import dependence remains a costly paradox.
