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
Other grades of Nigerian crude oil are Qua Iboe crude oil, Brass
River crude oil, and Forcados crude oil. The Cabinda crude oil is a
common grade of crude oil produced in Angola. The Bonny Light is in
high demand specifically by American and European refineries. It is
therefore a major source of income for the oil-rich nation.
The national government of Nigeria runs and takes part in the
petroleum industry of Nigeria through the NNPC corporation