Nigerian Bonny Light Crude
What is Bonny Light Crude?
Bonny Light Crude is a type of Light Sweet Crude oil produced in the Niger Delta, Nigeria, specifically from the Bonny Terminal. It is considered one of the best crude oils globally due to:
- High API gravity (very light)
- Very low sulfur content (environmentally friendly)
- Ease of refining and production of high-quality fuel
Technical Specifications
| Property | Typical Value |
|---|---|
| API Gravity | ~ 35° – 37° |
| Density at 15°C | ~ 0.84 kg/liter |
| Sulfur Content | Only 0.14% – 0.17% |
| Color | Golden to light brown |
| Refinability | Very high |
| Thermal Energy | ~ 42 – 44 MJ/kg |
Main Uses
- Ideal for producing gasoline, diesel, and jet fuel
- Used in European and Asian refineries
- Considered a pricing benchmark for some African crudes
Competitive Advantage
| Element | Bonny Light | Heavy crudes like Urals |
|---|---|---|
| API | Higher (lighter) | Lower (heavier) |
| Sulfur | Very low | High |
| Emissions | Lower | Higher |
| Market Price | Higher (due to purity) | Lower |
Export and Shipping
- Shipping Port: Bonny Terminal, Niger Delta
- Shipping Terms: CIF or FOB
- Quantity: Typically sold in Spot or annual contracts with a minimum of 1 million barrels monthly
Required Documents
- ICPO – Irrevocable Corporate Purchase Order
- BCL – Bank Capability Letter
- FCO – Full Corporate Offer
- POP – Proof of Product
- Q&Q – Quality and Quantity Certificate (SGS or Intertek)
- MSDS – Safety Data Sheet
- SPA – Sales and Purchase Agreement
European Group – Your Trading Broker for Bonny Light Crude
At European Group Global Trading, we provide you with:
- Direct connection with certified Bonny Light suppliers in Nigeria
- CIF or FOB price quotes within 48–72 hours
- Full support in banking documentation and international contracts
- Ability to schedule monthly shipments or Spot orders
Request a Bonny Light Crude price quote now:
Email: info@europeangroup.financial
WhatsApp: +393274659937
Fill out the following form
And one of our specialized consultants will contact you within 24 hours: