SUBSCRIBER NOTE: Platts proposes publication of Egina crude oil OSP

S&P Global Platts proposes to begin publishing the official selling price for Nigeria's Egina crude grade effective May 1, 2019.

Platts will publish this OSP as both a differential and an outright value on a monthly basis, as received from the Nigerian National Petroleum Corp.

Production of Egina began in late December 2018, with the first cargoes available for export from January 2019. The crude, which is eventually expected to become one of Nigeria's largest export grades, is heavy and sweet in quality with an API of 27.3 degrees and sulfur content of 0.165%. It is also low acid, with a TAN of 0.24.

Please send all comments by March 29, 2019, to europe_crude@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.

Platts will consider all comments received and will make comments not marked as confidential, available upon request.