Bonny Light Crude Oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
The very low sulfur content of Bonny Light crude makes it a highly desired grade for its low corrosiveness to refinery infrastructure and the lower environmental impact of its byproducts in refinery effluent.
Other grades of Nigerian crude oil are Qua Iboe crude oil, Brass River crude oil, and Forcados crude oil. The Cabinda crude oil is a common grade of crude oil produced in Angola. The Bonny Light is in high demand specifically by American and European refineries. It is therefore a major source of income for the oil-rich nation.
The national government of Nigeria runs and takes part in the petroleum industry of Nigeria through the NNPC or Nigeria National Petroleum Corporation.
The easiest way to buy BLCO in bulk quantity is by getting in touch with one of our vetted suppliers who have large allocations of the Bonny Light Crude Oil from NNPC. The transaction terms and and procedure are industry standard and are very transparent. Once a Letter of Intent (LOI) is received from a buyer, our expert team will do the needful post approval of the buyer by our compliance.
Interact directly with our associated experts for negotiating a project funding possibility or obtaining a finacial Instrument such as SBLC or DLC for transacting petroleum products