Charles.N.Trading Sdn.Bhd

Company Description

Bonny Light crude oil is produced in Nigeria from Chevron and Shellconcessions. Chevron’s exports are throughput and loaded from theShell-operated Bonny Terminal, which can accommodate Very LargeCrude Carrier (VLCC) loading. The typical cargo size is 950thousand barrels; hoCharles.N.Trading Sdn.Bhdver, alternate cargo sizes can be arrangedwith advance planning. Typically, cargoes are sold with pricingbased off Dated Brent quotes. Chevron-operated fields arecontributing production of approximately 40 thousand barrels perday. Chevron has a 40% interest in the concession that producescrude oils that are routed to and commingled with Bonny Light crudeoil.