Identity
Current assay, stream name, terminal programme and commercial authority.
Nigerian crude reviewed through assay, terminal documents, custody and refinery fit.
Bonny Light should be treated as a named Nigerian crude stream. Light/sweet language is useful only when the current assay, sample basis and loading documents support API gravity, sulphur, yield behaviour and cargo condition.
Fixed universal API, sulphur or yield values should not be published as if they applied to every parcel. Those values depend on assay date, terminal, blend, sample and contract wording.
KaizenGTC does not claim ownership of Nigerian crude or terminal allocation. Technical review of a physical offer should connect stream identity, assay, loading documentation, inspection and refinery fit before advancing.
Confirm that the offer identifies Bonny Light, not only “light sweet crude”.
Review sample, date, API, sulphur, distillation curve and contaminants.
Connect terminal, loading window, quantity and commercial authority.
Define independent sampling, custody, tank or line and certificates.
Match cargo quality with slate, port, contract and buyer restrictions.
Bonny Light reputation as a light, low-sulphur crude does not replace an assay. API gravity, sulphur, BS&W, salt, TAN, metals and distillation cuts must be read as properties of the documented parcel.
For a refinery, commercial value depends on expected yields, unit compatibility, available blending options and differentials against alternative crudes. A serious offer connects quality, quantity and loading point.
The buyer should require enough documentary traceability to avoid undeclared blending, old assay data or a description that does not match the cargo being offered.
A useful file includes assay or COA, SDS, quantity certificate, loading instructions, inspector nomination, sample record and delivery terms. Each document should point to the same lot, terminal and period.
The main risk is not only whether the crude is light or sweet; it is whether seller, loading programme, sample and contract describe the same physical movement.
KaizenGTC acts as a trade and document-review facilitator; any availability, allocation or price must be verified through current counterparty documents.
| Element | Verification |
|---|---|
| Assay | Date, laboratory, representative sample and distillation curve. |
| API and sulphur | Confirm parcel values and contractual limits without extrapolating historic averages. |
| BS&W / salt | Review water, sediment, salts and any receiver limits. |
| Terminal | Connect programme, window, quantity, tank/line and loading authority. |
| Inspection | Define inspector, sampling method, custody and final documents. |
Bonny Light market context should stay with Nigerian origin, refinery compatibility and Atlantic-basin logistics. It must not imply current availability, live flows or inventory ownership.
| Market | Role | Context |
|---|---|---|
| Nigeria | ORIGIN / EXPORT | Production and export context that still requires terminal and authority documentation. |
| Atlantic Basin refineries | PROCESSING DEMAND | Buyers that value light, low-sulphur crude when the assay fits their slate. |
| Physical spot market | DIFFERENTIALS / CONTRACT | Viability depends on quality, window, inspection, compliance and relative price. |
Sources: U.S. EIA Nigeria country analysis; ExxonMobil crude oil assays; TotalEnergies crude assays; Intertek crude oil assay testing; U.S. EIA oil and petroleum products explained
Current assay, stream name, terminal programme and commercial authority.
COA, SDS, BS&W, salt, sulphur, API, yield and contractual limits.
Quantity, independent inspector, custody, port, window and delivery terms.
It is a named Nigerian crude stream; the useful buyer distinction is proven through assay, terminal programme and inspection evidence for the specific parcel.
API, sulphur, yield, BS&W, salt and metals may vary by sample and date. A current assay lets the refinery compare the cargo with its slate.
Assay or COA, SDS, quantity certificate, terminal documents, inspector nomination, commercial authority and a contract with clear limits.
No. KaizenGTC structures and facilitates commercial review; it does not claim production, ownership or inventory of Bonny Light.