April 27, 2020 / 9:51 AM / a month ago

Nigeria oil export plans delayed as output cut talks continue -sources

LONDON, April 27 (Reuters) - Nigeria’s state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international majors on who will rein in output in line with an production cut deal by top producers, trading sources said.

“The OPEC+ quota has to be implemented for the new (June export) programme as well as revising the May programmes already issued,” a Nigerian oil trading source told Reuters.

“May cargoes will get delayed and new June cargoes may be relatively few.” (Reporting By Noah Browning and Libby George; Editing by Catherine Evans)

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