Egina is a heavy, sweet crude grade produced in Nigeria
It is produced from the Egina field in deep water off the Nigerian coast. The field is operated by Total and owned by Total, CNOOC, NNPC, Satpetro, and Petrobras
Crude is loaded onto vessels from teh Egina FPSO and moves to refiners in Europe and Asia
Spot prices are reported by both Platts and Argus, for 950,000-1,000,000 bbl cargoes, FOB at the Egina FPSO. There is also an official formula price posted by NNPC