Bonny Light
Crude Oil (BLCO) is a high grade of Nigerian Crude Oil with high
API gravity (Low Specific Gravity). It is produced in the Niger
Delta basin and named after the prolific region around the city of
Bonny - an Island in Rivers State, Nigeria. The very low sulfur
content of Bonny Light Crude makes it a highly desired grade for
its low corrosiveness to refinery infrastructure and the lower
environmental impact of its bi-products in refinery effluent. Other
grades of Nigerian crude oil are the Qua Iboe Crude Oil, Forcados
Crude Oil and Brass River Crude Oil. the Cabinda crude oil is a
common grade of crude oil produced in Angola. However, the Bonny
Light Crude Oil is in high demand especially by American and
European refineries. It is therefore a major source of income for
the oil-rich nation. The Government of Nigeria, through NNPC
(Nigerian National Petroleum Corporation) coordinates the affairs
of the oil industries in Nigeria, being a major source of revenue
for the oil-rich nation.
