Petroleum industry in Nigeria Brass River, Forcados, and Pennington Anfan. As recently as 2010, Nigeria provided about 10% of overall U.S. oil imports and ranked as the fifth-largest source for oil imports in the U.S. However, Nigeria ceased exports to the US in July 2014 because of the impact of shale production in America; India is now the largest consumer of Nigerian oil. There are six petroleum exportation terminals in the country. Shell owns two, while Mobil, Chevron, Texaco, and Agip own one each. Shell also owns the Forcados Terminal, which is capable of storing of crude oil in conjunction with the nearby Bonny
Brass River vessels of draft. It was often used by merchant steamers trading on the Niger, since the entrance of the Brass was easier than that of the Nun. Many factories lay on the east shore of the Brass just inside the entrance, handling the extensive trade in palm oil and ivory. At that time Akedo, about above cape Nun, was the market place for traders from the Brass river. The town of Twon-Brass lies near the mouth of the Brass River. This was a slaving port in the early 19th century, and later a collection point for palm oil and kernels.