Nigeria is the largest producer of crude oil in Africa, and the sixth largest in the organization of petroleum exporting countries (OPEC).
Nigeria produces an average of 2.6 million barrels per day, of which most of the crude oil come from numerous fields located in the swamps and waters of the Niger delta, and the product is exported through designated terminals and a number of floating production vessels. Bonny Light crude oil is produced in Nigeria from Chevron and Shell concessions. Bonny Light oil is a high grade of Nigerian crude oil with high API gravity (low specific gravity), produced in the Niger Delta basin and named after the prolific region around the city of Bonny.
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 byproducts in refinery effluent.
Other grades of Nigerian crude oil are Qua Iboe crude oil, Brass River crude oil, and Forcados crude oil.