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Nigerian tanker ban sparks anger in shipping, oil sectors

July 23, 2015 (8:05 mins)

Platts Aleksandrs Juhnevics, managing editor for EMEA shipping, and John Morley, associate editor for EMEA shipping, discuss the recent decision by the Nigerian National Petroleum Corporation (NNPC) to ban 113 tankers from loading at Nigerian oil terminals. Among the topics discussed are the possible reasons for the ban, the reaction of oil and shipping industries, as well as possible implications for both shipping and crude oil markets.

The following Platts price assessment was discussed in this podcast:
Price Date
Dirty West Africa-Far East 260,000 mt Worldscale w74 07/22/2015

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