The United States has crashed crude oil imports from Nigeria to a record low, consuming just 3,800 barrels per day in September.
The country consumed 1.02 million barrels per day in September 2010. This is a 26,702 per cent reduction from 1.02 million barrels daily importation in September 2010.
It was gathered from the crude imports data of September 2015 released by the United States’ Energy Information Administration (EIA), yesterday, that this was an advancement of Washington’s deadline to totally squeeze Nigeria’s crude out of its market by 2016.
The EIA data revealed that from January to September 2015, Washington imported 20.156 million from Nigeria. “Between January and September 2014, the United States imported 25,701 million barrels from Nigeria,” the data showed.
In September 2010 alone, the country imported 35.221 million barrels of crude from Nigeria. Whereas in nine months, between January and September 2014, the United States imported 287.404 million from Nigeria. The US, which was Nigeria’s biggest oil customer, has also planned to become world’s biggest exporter of crude.
The country cut down its oil import from the country amid surging output and refinery closures in North America, prompting Nigeria’s oil marketers to find alternative markets in Asia, twice the distance of America.