Petroleum industry in Nigeria to transport the crude oil. Also because of the lack of highly productive fields, money from the jointly operated (with the federal government) companies is constantly directed towards petroleum exploration and production. Nigeria's petroleum is classified mostly as "light" and "sweet", as the oil is largely free of sulphur. Nigeria is the largest producer of sweet oil in OPEC. This sweet oil is similar in composition to petroleum extracted from the North Sea. This crude oil is known as "Bonny light". Names of other Nigerian crudes, all of which are named according to export terminal, are Qua Ibo, Escravos blend,
Bonny Island Bonny Island Bonny Island is situated at the southern edge of Rivers State in the Niger Delta of Nigeria near Port Harcourt. Ferries are the main form of transport to and from the island. The local language spoken in Bonny Island and Bonny Town is Ibani, though many natives also speak the Igbo language. Located at the edge of the Atlantic Ocean facing the Bight of Bonny sits the island of Bonny. This serene community has several historical and economic symbolism for the Nigerian federation. Bonny Island or Grand Bonny Island was founded by Priest and Premier King (Monarch) Alagbariye