Forcados (crude)

Also know as:


Forcados is a medium, sweet crude grade produced in Nigeria

Production comes from the Forcados Yokri oilfield on the coast of Nigeria.  The field is operated by Shell and owned by NNPC, Shell, Total and ENI

Spot prices are reported by both Platts and Argus, for 950,000-1,000,000 bbl cargoes, FOB at the Forcados terminal. There is also an official formula price posted by NNPC

Quality

Forcados is a medium sweet crude oil, suitable for refineries with limited hydrotreating and/or a market for low sulfur fuel oil