Nigeria is set to introduce a new crude oil grade to global markets as early as the third week of March — the latest sign that Africa’s largest oil producer is gradually clawing back production lost to years of pipeline sabotage, crude theft, and security challenges in the Niger Delta.
The Nigerian National Petroleum Corporation (NNPC) has announced plans to begin exporting Cawthorne, a light, sweet crude grade with an API gravity of 36.4 — placing it in the same premium category as the country’s flagship Bonny Light. Its high yields of gasoline and diesel make it immediately attractive to global refiners.
The debut of Cawthorne is Nigeria’s third new crude grade since 2024, reflecting a deliberate strategy to diversify its export slate, attract a broader base of international buyers, and strengthen its position within OPEC. Nigeria’s output has been gradually rising toward its OPEC quota, and the addition of new grades is seen as positioning the country to argue for a higher production target within the group.
The move also signals broader efforts to stabilise supply, rebuild investor confidence in the upstream sector, and maximise revenue generation as the country seeks to reduce its heavy dependence on oil income. With security improvements in key producing regions and improved pipeline integrity, Nigeria is reclaiming its footing as a premier crude oil supplier on the world stage.
Source: angolanminingoilandgas.com